Charging order to company that no longer exists

mortgagenoob · 6 May 2016 at 11:44AM

I would like to sell my house but have an old charging order against the property. I wanted to repay the company what was owed and have the charge removed so it wouldn't put off any buyers, but the company no longer exists. Can anyone tell me if this will prevent me from selling the property and how I would go about removing the charge?

I have cut and paste the relevant section of the land register below so you can see what exactly is there.

Any help with this will be very much appreciated. Many thanks in advance

"Proprietorship Register
This register specifies the class of title and
identifies the owner. It contains any entries that
affect the right of disposal.
Title absolute
1 (05.11.2008) PROPRIETOR: (Name) of (Address) and BARCLAYS BANK PLC (Co.
Regn. No. 01026167) of 1 Churchill Place, London, Greater London E14
5HP
2 (25.07.2007) The value as at 25 July 2007 was stated to be between
£200,001 and £500,000.
3 (05.11.2008) RESTRICTION: No disposition by a sole proprietor of the
registered estate (except a trust corporation) under which capital
money arises is to be registered unless authorised by an order of the
court.
4 (19.05.2009) RESTRICTION: No disposition of the registered estate,
other than a disposition by the proprietor of any registered charge
registered before the entry of this restriction, is to be registered
without a certificate signed by the applicant for registration or their
conveyancer that written notice of the disposition was given to (Name) at (address), being the person with the
benefit of an interim charging order on the beneficial interest of
(Name) made by the Wandsworth County Court on 13 April 2009
(Court reference )."

antrobus · 6 May 2016 at 12:05PM

mortgagenoob wrote: »

I would like to sell my house but have an old charging order against the property. I wanted to repay the company what was owed and have the charge removed so it wouldn't put off any buyers, but the company no longer exists. Can anyone tell me if this will prevent me from selling the property and how I would go about removing the charge? ....

The Bona Vacantia division (BVD) of the Government Legal Department deals with the collection of money owed to a dissolved company under a mortgage, charge or charging order, known here as charges, that is now due to the Crown.

https://www.gov.uk/guidance/sending-money-due-to-the-crown-under-a-bona-vacantia-mortgage-bvc5