Vision for an independent organisation to represent UK landlords20:18 PM, 16th September 2018
About A week ago 63
14:28 PM, 2nd April 2013
About 6 years ago
We purchased a property in March 2008 from a rather devious lady who didn’t let on about an impending second charge.
The conveyancing completed and about a year later when we had to evict her for non-payment. WE had purchased the property and rented it back to her.
A copy of the title deeds has subsequently revealed this second charge. Further investigations have revealed that the time lapse between settling the account by the sellers solictors, who confirmed they had enough funds to complete, was not accurate. Meanwhile the sellers mortgage company SPML apparently moved the goal posts and did not actually release their mortgage funds for another 3 months. This delay meant we were unable to register our ownership with HMRC. During this delay a finance company which had provided a loan for the tenants lease vehicle was able to attach their second charge against our title deed. We now have this debt against our property which is nothing to do with us.
Can some suggest a course of action for us to take in order to get the second charge removed please?
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.
|“Account”||means an account required to access and/or use certain areas and features of Our Site;|
|“Cookie”||means a small text file placed on your computer or device by Our Site when you visit certain parts of Our Site and/or when you use certain features of Our Site. Details of the Cookies used by Our Site are set out in section 13, below;|
|“Cookie Law”||means the relevant parts of the Privacy and Electronic Communications (EC Directive) Regulations 2003;|
|“personal data”||means any and all data that relates to an identifiable person who can be directly or indirectly identified from that data. In this case, it means personal data that you give to Us via Our Site. This definition shall, where applicable, incorporate the definitions provided in the EU Regulation 2016/679 – the General Data Protection Regulation (“GDPR”); and|
|“We/Us/Our”||Means Property118 Ltd , a limited company registered in England under company number 10295964, whose registered address is 1st Floor, Woburn House, 84 St Benedicts Street, Norwich, NR2 4AB.|
|Name of Cookie||Purpose||Strictly Necessary|
|JSESSIONID||Used only to collect performance data, with any identifiable data obfuscated||No|
|__cfduid||This cookie is strictly necessary for Cloudflare's security features and cannot be turned off.||Yes|
|Name of Cookie||First / Third Party||Provider||Purpose|
|__utma, __utmb, __utmc, __utmt, __utmz||First||Helps to understand how their visitors engage with our website|
Our mission is to facilitate the sharing of best practice amongst UK landlords, tenants and letting agentsLearn More