We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!
Secured loan on title deeds from 1991
Options

Lemonade99
Posts: 2 Newbie

Hi ,
I hoping for some advice.
We are trying to sell our late parents house and it has came to light that there were 2 secured loans still on title deeds.
One from Bank of Scotland for their mortgage (paid off in 2004) and one from Avco trust (paid off in 1994).
The BOS has now been removed but Avco trust ceased trading in 1996. They were purchased by Citibank but they have no record of the account for Avco trust.
Our solicitor is now contacting the people who own Citibank but has been waiting over 6 weeks on a response.
We have no documentation to prove the Avco one was paid off but I remember my Dad paying it when he retired.
My question is , what happens of Citibank group cannot find the record ?
Can we never sell the house ?
Thanks
I hoping for some advice.
We are trying to sell our late parents house and it has came to light that there were 2 secured loans still on title deeds.
One from Bank of Scotland for their mortgage (paid off in 2004) and one from Avco trust (paid off in 1994).
The BOS has now been removed but Avco trust ceased trading in 1996. They were purchased by Citibank but they have no record of the account for Avco trust.
Our solicitor is now contacting the people who own Citibank but has been waiting over 6 weeks on a response.
We have no documentation to prove the Avco one was paid off but I remember my Dad paying it when he retired.
My question is , what happens of Citibank group cannot find the record ?
Can we never sell the house ?
Thanks
0
Comments
-
Appreciate this is most likely in the wrong forum. Apologies. Can't find a way to delete it.0
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 350.9K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.9K Work, Benefits & Business
- 598.8K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards