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15 Jan 10
15:01
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06 Jun 08
I have a charging order on my house,
if i sell my house for just the amount of the out staning mortgage amount,what happens with the order,thanks
if i sell my house for just the amount of the out staning mortgage amount,what happens with the order,thanks
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A search report is done over your property before the sale goes through. That would show up the outstanding charging order, as well as any mortgage/s. You will need to pay the charging order off, as the buyer's solicitor will insist.
I work in that field, so that is how I know. The Charging Order is registered so that you can't sell the property without that debt showing up (and having to be settled).
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