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Removing Charge
Removing Charge
Posted
Wed, 16 Jul 2025 17:40:38 GMT
by
Laura Young
We have a charge on the property that we own that we will pay my parents X amount within 5 years of transfer as the property was inherited. We however have come to a mutual agreement not to pay this amount, how do we get the charge removed as there is no proof of a transaction or proof of payment. Will it require a solicitor or can we do it between ourselves?
Posted
Thu, 17 Jul 2025 05:16:39 GMT
by
Adam Hookway
Laura - if it is a registered legal charge then you will need the lenders/creditors to submit forms DS2, DS1 and ID1/ID3 as appropriate <br> <a href="https://www.gov.uk/government/publications/mortgage-cancellation-of-entries-for-lenders-ds1">Mortgage: cancellation of entries for lenders (DS1) - GOV.UK</a><br> <a href="https://www.gov.uk/government/publications/cancel-entries-relating-to-a-charge-registration-ds2">Cancel entries relating to a charge: registration (DS2) - GOV.UK</a> and <br> <a href="https://www.gov.uk/government/publications/evidence-of-identity-conveyancers/practice-guide-67-evidence-of-identity-conveyancers">Practice guide 67: evidence of identity - GOV.UK</a>
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