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Difficulty obtaining Redemption Statement from DCA

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  • Difficulty obtaining Redemption Statement from DCA

    I am in the process of selling my property, there is an old equitable charge registered against the title,
    The balance of the Judgement has passed to a DCA who are refusing, or are incapable of supplying a redemption statement to enable settlement, and subsequent removal of the charge from the register. This is the only outstanding item, stopping completion.
    The DCA wrote to me at the start of April, the letter details their account reference and the amount outstanding, I can find no rule concerning the form of words for a redemption statement, and so could this letter be taken as a redemption statement? The delay is costing a fortune in interest, council tax etc.
    The Judgement was for a personal loan, and is therefore a CCA debt under the 1974 Act.
    Thanks in advance,
    Wilkie.
    Tags: None

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