Egg Card Debt from 2011 - Who can I speak with to Deal with and Pay Off

DrFrankFurter

We have just found a Restriction placed upon our house.

I have no information about this, does anyone have a telephone number (company who now has the old debt) of who I can speak to about this? We're in the process of selling our house and this needs to be done as soon as possible.

This debt is related to an Egg Card and Egg no longer exist.

When previously speaking to the Land Registry about the wording around the restriction, they responded...

"The sellers solicitor will need to confirm that written notice has been given to Egg Banking PLC, Link Financial Limited and Santander UK Plc.  You will need to provide evidence to them that you have done that. The restrictions are cancelled when the sellers solicitor sends us the application to transfer the property from yourself to the seller."

... which I understand.

The court has said the court reference number has been deleted off the system (as it's from 11 years ago (delete after 3)), but they will forward on task to someone internally to find out about what can be done or whether it's in an archive folder somewhere.

Can anyone help?

Kindest Regards 

 

Dave_T_UK

I had an Egg card years ago and it was transferred to Barclays, so it might be worth you contacting them, assuming you still have any account details.

fatbelly

Are you sure you understand? A restriction is where a debt in one person's name is subject to a county court judgement, and then a charging order.

Where a property is owned in joint names, a full charge cannot be recorded, just a restriction.

The restriction is nearly always in the 'Form K' version, which reads

no disposition of the property “is to be registered without a certificate … that written notice of the disposition was given” to the creditor with the benefit of the charging order

As the LR has told you, all you need to do is comply with those terms by 'confirming that written notice has been given to Egg Banking PLC, Link Financial Limited and Santander UK Plc.  You will need to provide evidence to them that you have done that. The restrictions are cancelled when the sellers solicitor sends us the application to transfer the property from yourself to the seller'.

No payment is required in order to comply. There's a huge thread about this with contributions by our regular experts and the LR rep. You might want to post there.

https://forums.moneysavingexpert.com/discussion/1839539/charging-order-the-myth#latest

Also, if Link have bought the debt then they own all the rights and privileges - Egg/Barclays are no longer involved.

sourcrates

I was going to comment, but fatbelly has covered the main issue for you above.