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Debt secured against home


Poor-Paulus
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Hi Guys and Galls,

 

 

I have received a "restriction against the land" letter from my local land registry which in itself, isn't the problem here.

 

 

In an nutshell, my ex lives in my house with the mortgage in both her and my name.

 

 

Is it possible for her to obtain credit which is secured against the house without my signature?

 

 

Paul.

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I think it is possible for one of the parties to the mortgage to obtain a loan without the other's signature. However it is usual for a secured loan to require both signatures. What does it say in the terms and conditions and, is it actually a secured loan or is it another type of debt that has fallen into default and your ex taken to court and a charging order (restriction obtained) ?

 

What mortgage company are you with ?

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I think you've hit the nail on the head.

 

 

She told me about 6 months ago that she has defaulted and had a CCJ.

..all this has happened since we split, so it has nothing to do with me.

 

 

I presume that means that the CCJ can force repayments from sale of the property?

 

 

The house has just gone up for sale and I'll be looking to buy once it's sold

- I just don't want it to effect the sale or the chances of me obtaining a mortgage.

 

 

The mortgage Co is Halifax.

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a restriction in her name should not hurt you.

 

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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and if you sell you don't tell them you have either...:laugh:

 

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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