Historic charging order removal alliance leciester

[A7djc]

Hi i wonder if you could help/guide me

 

I have a charging order on my property for £10,750 from 2006,

it was applied by alliance and leciester for a 10k loan I took out for my exgirlfriend

(girlfriend at the time) for her parents company and they couldn't get credit

 

 

they had the money in 2004 and ended up not affording it and missed payments

and I couldn't afford it or get credit so it ended up a charging order

as I buried me head in the sand as was only 20-21

 

I never knew what it was at the time,

I am now trying to get a bigger mortgage before moving and this has come up blocking it

 

How do I go about removing it before or with the house sale

 

Many thanks

[BankFodder]

Has the loan been repaid? Or is it still outstanding

[A7djc]

Still outstanding but have not had any contact since other than 1 statement from santander 4-5 years ago and contacting them highlights no accounts with them

[Guest topcat14]

I am assuming that the £10750 order is in your sole name ?

 

A Charging Order is a restriction against a property or land where there is a debt owed by the legal owner of the property or land.

 

It is supposed to act as fail safe for the creditor to get its money when a sale happens of the property..

 

The short answer is you cannot remove it until it is paid.

A more detailed answer involves getting your solicitor and the prospective buyers solicitor to agree that the charge will be removed before the sale goes ahead.

 

 

This can be done in two ways,

firstly you pay off the debt or more likely you pay off the charge with the proceeds of the sale

via your solicitor at the time of the sale.

 

It may be worth asking A&L for a settlement figure that satisfies the charge...but dont hold your breath.

[A7djc]

How do I contact a&l as I thought they are gone and the details on the charging order are no longer there/phone is dead

[AndyOrch]

You contact Santander ..they took over A&L and will hold all the relevant information (or should)

 

Andy

[A7djc]

just contacted santander and say my details are on file but with no accounts and i have to write to them now

 

just bought a copy of land registry and it states

 

(26.04.2006) Equitable charge created by an interim charging order of

the Cambridge County Court dated 11 April 2006 in favour of Alliance &

Leicester Personal Finance Limited.

 

because its interim do i have to go back to court to get it removed as no final charging order on it

 

many thanks for all the help

[AndyOrch]

"because its interim do i have to go back to court to get it removed as no final charging order on it"

 

No ..it simply means that it was never made final...so no Order for sale could happen until its finalised.The only way to remove the interim is to pay it off.

If your property is owned in joint names and the CCJ is in your name only then only your share will have a charge registered to it.

[dx100uk]

if satans bank have no records on you

 

 

they now own A&L

demand they remove the charge forthwith.

 

 

or you sue them.

[A7djc]

the property is only owned by me and only me on current mortgage

 

i will contact santander and say i want an answer about it

 

if something does come up can i go back to court and ask for an installment plan to remove the charge

 

if there is something there i owe it so more than happy to pay it, just cant get any more credit until its off