Removal of Charge on Title Deeds

[goodatresearch]

This is slightly incorrect. A CO cannot be placed on a jointly owned property. It would be a Restriction and permission would not be needed to sell. Also, although most people would satisfy the CO from the debtors share of the equity, not doing so would not prevent the sale if done properly and you have a good conveyancer who knows the law in this area. The creditor just needs to be notified, it's all about timing.

 

There's plenty of info on this on CAG if you read around this issue. Plenty of people have sold property without paying the restriction.

[goodatresearch]

Since 2003, when the law changed, only a restriction can be registered for a sole debt when property is jointly owned. Post exactly what the land registry entry says in full

[goodatresearch]

A restriction would start by saying "No disposition of the registered estate......."

 

Did your partner sign anything agreeing to a CO?

[goodatresearch]

Oh dear,

 

then you've been had.

 

Bet they didn't explain the difference between CO and Restrictions.

 

They've made this into a joint debt, very devious of them.

 

I'd try and have it removed if possible.

 

Have you still got a copy of what you both signed.

 

Wat did it say?