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Check amount of a registered charge on my property

000000blue
000000blue Posts: 7 Forumite
in Mortgages & endowments
Hi Guys

Does anyone know how I can check the AMOUNT of a registered charge on my property without going to the lender please? I think a Land Registry search will just give me details of who the lender is. I know that already...
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Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Is the debt owed yours?
  • 000000blue
    000000blue Posts: 7 Forumite
    Yes it is mine
  • opinions4u
    opinions4u Posts: 19,411 Forumite
    The lender is not required to share ongoing balance information with anybody.

    So getting the figure from the lender would be the most sensible thing to do.

    The CRAs may receive the information from the lender. Pay £2 to Equifax / Experian and find out.
  • 000000blue
    000000blue Posts: 7 Forumite
    Thanks. I think you may have the answer to my question right there. The amount of the charge will be the balance outstanding to them right? I was hoping it might be for a lesser amount because not only have they taken a charge over my current property (presumably for the amount owing to them) but also for the amount owing against two other properties.

    So now, if I want to downsize in order to clear my main mortgage (with a different lender), I can't because of this 'double' charging by my bank.
  • kingstreet
    kingstreet Posts: 39,444 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Are the properties solely owned by you, or jointly owned?

    Is the debt in one name, or is that joint?

    If it's a single debt on a jointly owned property or properties, it's a restriction, not a charging order.

    https://forums.moneysavingexpert.com/discussion/comment/57492495#Comment_57492495
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
  • 000000blue
    000000blue Posts: 7 Forumite
    Our current home is in joint names. The other two properties are in joint names.

    Our bank agreement, for the finance to buy the other two properties, says "A legal charge over (our current home)" plus a first charge over each of the other two properties.

    But there was no way our current property would ever have sold for enough to cover all three charges.

    Looks like we are stuck here....
  • 000000blue
    000000blue Posts: 7 Forumite
    We are looking to retire, so are too old to get a 'proper' mortgage on the other two properties, even if we could raise the deposits - which we can't...
  • kingstreet
    kingstreet Posts: 39,444 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Sorry, I misread your post.

    I mistook charge for charging order. It's been a busy day for charging order business.

    :o
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
  • 000000blue
    000000blue Posts: 7 Forumite
    No worries. Thank you for your interest. But looks like we have been well and truly stitched and are stuck here until our children are able to sell the other two properties for what we paid for them!
  • kidmugsy
    kidmugsy Posts: 12,709 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    000000blue wrote: »
    But looks like we have been well and truly stitched

    I don't follow: who stitched you?
    Free the dunston one next time too.
This discussion has been closed.
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