Hi dx100uk, If this is a restriction k then how do I persude the prospective lender not to worry about having it wiped regards D

Hi again dx100uk Please see below the wording of the restriction: 20.10.2009 RESTRICTION :No disposition of the registered estate, other than a deisposition by the proprietor of any registered charge registered befor the entry of this restriction, is to be registered without a certificate signed by the applicant for registration or their conveyancer that written notice of the disposition was given to Arrow Global LLC (territory of incorporation) at 12061 Bluemont Way Reston, VA (Virginia) 20190 USA and of 15 Old Baily, London EC4M 7EF, being the person with the benefit of an interim charging order on the beeficial interest of DxxxxxxPxxxxx made by the Bradford County Court on 7 August 2009 (Court Referrence: 7XT82667 I am told this is not a 'Charge' to the Title regards D.

Hi dx100 uk At the settlement hearing Arrow were invited re their restriction, and did not reply thus they were excluded. This I beleive is normal practice with the IVA system. (we have proof of invitation)

Hi dx100 Yes that is correct, a sole debt on a jointly owned property Please explain D

Hello to all, My Wife and I are going through a re-mortgage and certain restrictions have been pointed out on the Land Registry Title by our Solicitor. The removal of 2 have been successful but 1 is outstanding. The restriction was placed in 2009 and there has been no other communication from the Claimant since. The original debt was an MBNA card which was then sold on to Arrow Global who made the restriction. Since that time I entered into an IVA, which picked up this debt and on completion of the IVA this old debt was taken into account (May 2014) We have been 3 months communicating with Drydensfairfax who represent Arrow Global, and cannot get any acknowledgement of the proof we have sent them that the debt was dealt with. We have been given an extension for the re mortgage and are being told that there will be no other, we are stressing that we are going to lose our offer, as Dydens are insisting the debt is secure and still stands. We are saying that when you give us proof that a 'Final Charging Order' exists we will accept. Our proof from the IVA administers is that it was entered into the iVA and dealt with on completion. Our Solicitor is at wits end and losing faith, as we have sent over 20 e-mails requesting that the restriction is lifted, Our new prospective lender is saying that the re mortgage cannot go ahead until this is implemented. My question here is, when communication is this bad with Drydens is there another way. Looking forward to any comments or further questions regarding all of the above Regards Dave

I tried Equity Release a couple years ago and the maths didnt add up , the surveyors were under valueing the property and the ER company use a75% rule so we couldnt achieve the required sum needed.

Thanks for that dx100 uk i will certainly use this.

I havnt been able to re mortgage because of age (75) I am told deals for 'seniors' are improving Heliodor Mortgages are the mortgage co that my NRAM load was sold on to. thankyou for the response

Hello Forum Members, My Wife and I are at 'end of term' with Heliodor Mortgages (Northern Rock, NRAM, Heliodor) and have not been able to re-mortgage over the last 3 years. We have now received a repossession order that was postponed as the 'pandemic' hit and courts were suspended. We have no arrears and have been paying extra until the recent interest rises, and now the monthly payments have increased from approx 900 to approx 14400. We have asked for an extension of the loan but the Mortgage Co state that 'We are not a lender' . We actually wish to stay in our property. We have approx 50% equity in the property. (value approx 500k outstanding mortgage 250k) As we are at end of term have we any chance of not being repossessed ? What kind of case/defence can I put forward ? Looking forward to any comments. Bests Dave

Hi Honeybee13 Whilst waiting for the property management agreement to come through I have found out that William H Brown are members of the following bodies; Sequence, Property Ombudsman, Arla protected, T,D.S. and Safe Agent. I trust this helps. bests Boomer

Hi Stu007. thanks for your reply, and in answer; the Letting Agents are W H Brown and the arrears stand at approx £7000.00. to date. The Tennat has been in property since Sept. 2018. WHB have tried numerous times to contact the Tennant without success. (letters, phone calls ,messages all unanswered) They issued a section 21 notice which expired Sept. 5th The Tennant is now squatting. WHB did make contact after the Sept 5th deadline and talked to the Tennant briefly and told her that she could be evicted if dosn't pay, and should not be staying at the premises. I believe that the Tennant is receiving housing benefit and maybe other benefits and is probably paying all the utility bills, but not the rent. WHB are not entering the property because they only send one person around and through the entry phone system they hear other voices and fear for their safety they say. I now have contacted WHB and asked for a copy of the property management agreement in place, as I do not have it. Apologies for the long storey, and I just considered that the Letting Agents would handle everything. Any further comments on this situation would be gratefully accepted, Bests Boomer

Hello all I have a one off flat that has been let through a Letting Agent for many years. The Tennant has built up arrears over the last year and looks like doing a 'moonlight' from the flat. The letting agent suggesting I get legal advice, but my take on it is that The Agent is my rent collector and they should be pursuing any arrears, through their legal channels. Any advice gratefully accepted, bests

Yes DX that was after a period of un-employment and I cleared up all outstanding arrears from that particular time, and got on track with the overpayments, but as explained I have no arrears currently, and am thinking this just a request to the new mortgage people is a reasonable ask.

Hello Team, I have reached my 'end of term' mortgage and have no resourses to pay of the interest outstanding on the loan. I have been communicating with the mortgage company for quite a long time trying to get an 'extension' of 5 years when I will be in a better position to sell the property and settle outstanding. They have been saying (NRAM) that they are not 'Lenders' any cannot help. Then suddenly they have passed my account on to Heliodor Mortgages. I thought that they might be more favourable to granting an extension, but without good reason they also are refusing an extension. At this point may I add that I am not in arrears, in fact I actually pay approx £250 per month over the top of my contractual payments. The property is worth approx £475000. and the outstanding mortgage is £252000 . I did have a county court possession hearing for 20th April 2020 but have now been informed that due to COVID-19 the matter has been 'adjourned generally with liberty to restore' Obviously, there is equity in the property albeit the downturn in the market due to present circumstances, but my wife and I, who have lived in the house for over 30 years are reluctant to move at this time. OK now to the point after quite a long statement, have I any grounds to request an extension to the loan, ie keep paying the monthly amount for say, 5 more years. I look forward to any expert opinion, or suggestions. P.S. I have submitted the defence form to the court.

Hello to all, I was caught using my mobile phone whilst driving (bluetooth had not operated and answered a call) went through all the relevant questions and got a Fixed Penalty Notice, and a 'produce' ticket. I mislaid my Paper Licence, and went to local police Station, with other papers, and told them i had mislaid paper licence. Desk Sargent said don't do anything you will get a court date, The court date finally arrived, and i did not contest the Offence, just my explanation, to why i was using at that time. I didnt hear from the Court until a demand notice came demanding 197.00 ( the fine was 3 points and 86.00 pounds. I made an appeal, saying that i wasn't given the opportunity to pay the Fixed Penalty as was advised against it because paper licence was mislaid. Now the case has gone to High Court Appeal, and i am worried that i might incur more court charges, if they do not accept my explanation of events. can anyone suggest a course of action , or a letter to write in to the court? any help or comments would be appreciated, regards