We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Guarantor Loan
Comments
-
There is a thread here about charging orders https://forums.moneysavingexpert.com/discussion/1839539/charging-order-the-myth&highlight=charging+order
A creditor cannot be granted a charging order on a jointly owned property, on a charging restriction, which means you are free to sell the property as long as your solicitor provided notice to the creditor.
Problem with that is the joint owner is also the guarantor for the loan so they may have grounds to secure one.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards