Secured Loan

[crimints]

am new to this site,can anyone pls advise how i can get a charge discharge from a property,i had a charge on a previous property,on moving to a new property i advised the lender to move the charge to my present property on agreement i will be paying half the sum owed,they have however moved the charge to the new property without discharging the charge on the old property and not letting me know,also the agreement of receiving half the sum owed had not been met by myself,can this right two charges on sum owed for two proerties.Urgent advise needed pls

[cosalt]

Hi Crimints,

 

Do you still own the previous property ? If not any charge would/should have been removed by your solicitor, you can not sell a property and keep the charge on it.

[debbbbsy]

I've seen a similar thread, but from a couple who bought a property with a charge on it, the sellers Knew about the charge, but withheld this from there own solicitor.

This couple had paid for this property, but because of the charge the land registry couldn't put the deeds in there name.

They were suing all parties involved, there Solicitor for not doing proper checks, but especially the sellers for not disclosing this.

 

Debs

[crimints]

Yes i still own the property,but the problem is there is a charge on my present property as well as the old one for the same amount borrowed initially and i want the charge on the old one removed since its registered on the new one so i can sell the old one,what do i do advise pls