Crosswords1 min ago
Charge against a Property
A friend has agreed for me to place a charge against his property for a sum of money I loaned to him. He is willing to signed a Land Registry form without a solicitor cost.
Can anyone tell me what LR form is involved?
Can anyone tell me what LR form is involved?
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http://www.landregistry.gov.uk/
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http://www.landregistry.gov.uk/
If you are unsure which is the correct form for you, telephone the Land Registry who will be pleased to help you
It's usually a CH1 for a charge itself but you've have to also submit an RX1 or AN1 for a restriction or notice.
It depends on the terms of the charge as the CH1 itself is pretty bare and when I do them for clients I had a lot of additional wording in them.
You should also be aware of the possible limitations of a charge such as in repossession or bankruptcy and conditions on which you can get your money back.
It depends on the terms of the charge as the CH1 itself is pretty bare and when I do them for clients I had a lot of additional wording in them.
You should also be aware of the possible limitations of a charge such as in repossession or bankruptcy and conditions on which you can get your money back.