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    • luiza8
    • By luiza8 16th Apr 19, 6:29 PM
    • 29Posts
    • 5Thanks
    Charge on a house
    • #1
    • 16th Apr 19, 6:29 PM
    Charge on a house 16th Apr 19 at 6:29 PM
    My grandfather is going to put a charge on my dads house as he lent him 70k and wants to ensure he gets it back if my dad sells his house. The family has a large problem so we can't rely on my dad paying my grandfather back.

    I will be the sole person who get's all of my grandfathers estate as my grandfather and his son have had terrible relations in the past.

    If my grandfather puts a charge on the house and he passes away before my dad sells his house, does the charge end when my grandfather passes?

Page 1
    • middleclassbutpoor
    • By middleclassbutpoor 16th Apr 19, 6:36 PM
    • 609 Posts
    • 550 Thanks
    • #2
    • 16th Apr 19, 6:36 PM
    • #2
    • 16th Apr 19, 6:36 PM
    When you grandfather dies, his estate will need to be distributed so this will be part of his estate.

    His executors of the estate should deal with this and ensure the money is recouped.

    It is essential that your grandfather has a will in place and if there has been any agreement around repayment and terms of how the money is being lent.

    The charge should provide sufficient evidence it wasn't a gift but it would be good for something to be placed with the will and the executors made aware of the arrangement also.
    • da_rule
    • By da_rule 16th Apr 19, 8:05 PM
    • 3,121 Posts
    • 2,800 Thanks
    • #3
    • 16th Apr 19, 8:05 PM
    • #3
    • 16th Apr 19, 8:05 PM
    Obviously your dad will also need to sign the charge deed.
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