Can Someone Explain This To Me....?

[MikeHH]

I have just completed a Land Registry search to find out if someone who owes me a lot of money has recently re-mortgaged his house. The property was purchased in 2006, but can someone please explain what the following means and am I correct in assuming they have remortgaged in 2008 and 2010?:

 

 

(16.07.2008) RESTRICTION: No disposition of the registered estate by

the proprietor of the registered estate is to be registered without a

written consent signed by the proprietor for the time being of the

Charge dated xx xxxx 2008 in favour of Santander UK PLC referred to in

the Charges Register.

5 (14.12.2010) RESTRICTION: No disposition of the registered estate,

other than a disposition by the proprietor of any registered charge

registered before 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

Northern Rock (Asset Management) PLC (Co Reg No: xxxxxx) at care of

XXXXX Solicitors, XXXXXXXXXXXXXXXX Newcastle upon

Tyne XXXXX (Reference: XXXXXXXXXXXXXX), being the person with the

benefit of an Interim charging order on the beneficial interest of

XXXXXXXXXX (nee XXXXXXXXX) made by the Gateshead County Court

on XXXXXXXX 2010 (Court reference XXXXXXX).

 

Thank you.

[raydetinu]

No, I believle these are charging orders on the property placed by creditors against debts owed by the owner.

there should also be a note about any mortgage, if any is held by bank or BS.

[MikeHH]

Thank you. Yes, I have details about the mortgage.

 

I am just wondering why, on the RESTRICTION , dated 14.12.2010, why only one person is mentioned in that paragraph, (the wife) even though I know this is a joint mortgage.

Edited July 6, 2011 by MikeHH

[raydetinu]

maybe a joint mortgage, but is the wife on the register as owner?

could be that she has been advised to register an interest so he cant sell without his prior knowledge.

[MikeHH]

Thanks again.

One more thing, on the CHARGES REGISTER, there is the following:

 

3 (03.02.2010) Proprietor: SANTANDER UK PLC (Co. Regn. No. 2294747) of

Deeds Services, 101 Midsummer Boulevard, Milton Keynes MK9 1AA.

Does this mean there was a charge on the property on that date as well?

[raydetinu]

It would appear so.