Lending money to a friend.

[Consumer dude]

Has this really consumed five years of your life?

 

It does seem incredibly lengthy....how much is still outstanding now?

 

 

Thousands and no end in sight.

[Consumer dude]

Is their a way to find out if a mortgage is still being paid on the property.

[determindator]

Hi CD, have a look at this page. You can find out if a mortgage has been discharged which is a start. Give Land reg a ring and they should be able to answer your questions.

 

https://www.gov.uk/get-information-about-property-and-land/search-the-register

[Consumer dude]

There is a registered charge by his bank on an official copy of register of title. If he has since paid off the Mortgage, would I legally need to be informed as I have an Equitable charge to my favour and would he need to inform the land registry of that ?.

[determindator]

I presume with a charging order if the house was going through the selling process you would be informed as the debt would need to be satisfied first. Check the charging order has been registered. There is a contact number here and you can get clarification with questions you have.

 

https://www.gov.uk/guidance/contact-hm-land-registry

[determindator]

This link takes you to applying for a basic search on line. Scroll down to new service for basic search. It gives the owner of the property, the amount paid to buy the property and whether the mortgage is discharged.

 

https://www.gov.uk/search-property-information-land-registry