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Unresponsive Land registry charge orders
Toogs
Posts: 2 Newbie
There are two charge orders on our property that we wish to settle, but the original claimants have presumably sold/moved the dept on and we can no longer trace them. (Solicitor included)
Anybody out there know of any president to have these discharged after due diligence without success from locating the creditors?
Any help or guidance appreciated.
Anybody out there know of any president to have these discharged after due diligence without success from locating the creditors?
Any help or guidance appreciated.
0
Comments
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As far as I'm aware, only the creditor (or their representatives) who obtained the Charging Orders can apply to remove them.
However, if the reason you're wanting to settle is so you can remove them prior to selling, there's really no need. You can supply potential purchasers with paperwork to show your due diligence, and buy an idemnity policy to protect them from a future claim. Your solicitor should know how to do this ...?0 -
That's great info, and I'll be contacting the solicitor to inquire why this hasn't been offered.
Thanks.0 -
Though as a buyer I'd be pretty wary of buying a property which had charges which were not to be removed - indemnity insurance or not.0
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I wouldn't buy a house like this even with the indemnity insurance.0
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