Jump to content


Remortgage issue with restriction k's


billywhizzm
 Share

style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 628 days.

If you need to add something to this thread then

 

Please click the "Report " link

 

at the bottom of one of the posts.

 

If you want to post a new story then

Please

Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 

 

Thanks

Recommended Posts

Hi All,

 

I have managed to find a lender to remortgage my house.

 

The solicitors acting on their behalf are asking to clear all the restrictions on the property as well.

 

I am debating why do I need to do that? after reading the below link I feel I can get rid of restriction when I am about to sell

 

http://forums.moneysavingexpert.com/showthread.php?t=1839539

 

Please advise if there is any solution?

 

Thanks

Bill

Link to post
Share on other sites

if you re mortgage with the same lender is doesn't need paying

if you re mortgage with a new lender then most probably you will have to settle it.

 

 

that thread you relate too, as ours does, relates to info concerning the SELLING of your home

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... 

Link to post
Share on other sites

Thanks DX

 

unfortunately the solicitors acting on behalf of lender are adamant on clearing the restriction.

 

Please advise what should I say to them in legal terms which may help them to understand.

 

I am thinking of hiring a seperate solictor acting on behalf of me who understands this and helpmy case.

 

Thanks

Link to post
Share on other sites

It depends on how the restriction is worded. If it just says "no disposition ..." Then yes you do but if it says "no disposition other than a charge ...." then you don't.

 

Andy

We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 Have we helped you ...?         Please Donate button to the Consumer Action Group The National Consumer Service

 

If you want advice on your Topic please PM me a link to your thread

Link to post
Share on other sites

Below is the wording..

 

###### 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 ###########,

being the person with the benefit of an interim charging order on the beneficial interest of #### made by the ##### (Court reference ####).

Link to post
Share on other sites

  • 2 years later...

only needs paying if you remortgage with a new creditor and not the original mortgagee

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... 

Link to post
Share on other sites

  • dx100uk changed the title to Remortgage issue with restriction k's
 Share

  • Recently Browsing   0 Caggers

    No registered users viewing this page.


  • Have we helped you ...?


×
×
  • Create New...