Outstanding mortgage

CYNthesys2

Junior Member

Joined: Oct 2020

Posts: 1
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Outstanding mortgage

29th October 2020, 19:04:PM

Can someone please explain how it is possible for the owner of land/property that he has mortgaged to Yorks Bank to alter, extend then sell the existing property whilst the Bank's all monies charge is still outstanding? I don't know but I suspect that the Bank failed to register its charge with Land Registry and that land/property was unregistered until the sale of the extended altered dwelling triggered 1st registration.

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