Charging order on house preventing sale

miss-an-knees

Apologies if this is not the correct forum

Long story short, dad is an idiot with money resulting in a charging order the house (more than one!)

Parents are at the point of exchange/completion to then be told they can’t as they cannot find the owner of one the charging orders to pay it.

It was originally with the British Credit Trust, who sold the debt to Lowell’s before they were liquidated. 

Lowell’s are saying they don’t have a record of it (but they can find other debts he hasn’t paid)

We have been around multiple companies that may have had it and got nowhere. I found the liquidators of BCT and the solicitors dealing with the sale have contacted them and they came back with another name - Overdales, who are part of Lowells and are saying they don’t have a record of it.

All our searching has bought us back to Lowell’s. Are we just not asking the right questions to find out where this charging order is. What specific department should we be trying to speak to?

We are trying to prevent the sale from falling through and need to get this resolved as soon as possible. Whatever happens the house needs to be sold as the mortgage also hasn’t been paid (story of his life)

ACG

How much is it? If it is a small amount, could you get some sort of indemnity policy? 
What have the conveyancers said? 

miss-an-knees

They are hitting the same blocks we are, just a few days later.

We finally got it escalated to their director as the staff dealing with it just didn’t seem to know what to do and it seems they are going to try and get confirmation from Lowell’s that they don’t have it and try and get it discharged as they can’t complete the sale with the charge on the deeds.

Just really hoping the delay doesn’t jeopardise their sale/purchase as they were actually hoping to complete this week but that’s out of the window, my mum has been in non stop tears over it, all because my dad thinks he can get away without paying anything 🤬

ACG

I think if you/the agents keep everyone in the chain in the loop with what is happening, it will be fine. 
I always say if everyone still wants to complete, the chain normally holds - the exception is if mortgage offers need extending and people have since been out and bought a new car or put christmas on the credit cards etc.