Mortgage Libor to Kensington

MovingForwards

Spend £3 and obtain a copy of your title deeds. See who it lists as having a charge over your property:

https://www.gov.uk/get-information-about-property-and-land/copies-of-deeds

Darcy78

Thank you 

Thrugelmir

Darcy78 said:

I took out an interest only equity loan roughly 15+ years ago, from my house which was paid for then. I found out about 9 mths ago Kensington had taken over and almost doubled my agreed payments. And it's now a mortgage, I've complained to the courts with getting no sense from Kensington to ask if I do not have to pay them. Was told I had to or my house would be sold for non payments to them even though I didn't borrow off them. And didn't know I had even been taken over by them for 4 months. They have now stated they are changing the LIBOR rate to Kensington Libor rate. Which they're refusing me not agreeing to it. Is it possible I can take my mortgage/loan elsewhere when retired and on pension only. I know they're going to force me to sell my home now.

Secured loans on property are called mortgages. As a mortgage charge is placed on the property to secure the debt.  In all respects it's just a loan.