Unregistered property with historic charge hanging over it

Brummie1966

I did the deal on an unregistered property (probate sale) 6 months ago, my chain is very short and all parties agreed a completion date ,and contracts were signed ready for exchange .Form TA6 was signed to confirm no outstanding mortgages or charges. At the very last minute, my vendor's conveyancer "found" this historic charge registered by a major bank (it goes back decades). I fear the delays in the lender locating this charge and cancelling it will cause the chain to fall apart.

Out of curiosity, I did my own search of the charges register. Form K18 came back showing the decades old charge, but no mention of the major bank. Can anyone advise how the conveyancer knows which bank to chase ? Many thanks

silvercar

The charge would usually say who it’s in favour of.

Brummie1966

silvercar said:

The charge would usually say who it’s in favour of.

That's my point. The K18 form makes no mention of the lender's name. I was just wondering how the vendor's solicitor knows they're chasing the correct bank.