• Welcome to the LegalBeagles Consumer and Legal Forum. Please register to get the most out of the forum. Registration is free and only needs a username and email address.
  • Please note that LegalBeagles is a public forum and the main areas are accessible to all, and as such, please take care your username or posts do not identify you. There is no need to post claim numbers, names or precise amounts to get support with your case. When uploading documents please ensure that you have properly redacted your personal details. Thank you.

Secured Loan and Selling Property

  • Filter
  • Time
  • Show
Clear All
new posts

  • Secured Loan and Selling Property


    My partner took out a secured loan on her property back in 2007 with Black Horse. She fell into difficulty and couldn't pay, it went to court and the judge said she can pay what is agreed and any issues the lender has to take it back to court.
    She has not paid anything since August 2013, purely because of finances and she heard absolutely nothing until Cabot sent a letter.
    We decided to sell up and clear everything off, we contacted Cabot who state that they bought it off Black Horse 15th July 2013 and then to Ascent Legal on 29th April 2016.

    I checked the land registry and found that apart from the mortgage, it still states that Black Horse ''(29.10.2007) Charge dated 23 October 2007 in favour of Black Horse Limited''

    There is no update on details and in my mind, Black Horse does not own the debt.

    Where do we stand as regards to the second charge as Black Horse does not own it, the Land Registry document was from this week.

    What we do not want to do is to hold a sale up, we are prepared to settle the loan, as it was taken out.

    Can anyone point us in the right direction, please.
    Tags: None

View our Terms and Conditions

LegalBeagles Group uses cookies to enhance your browsing experience and to create a secure and effective website. By using this website, you are consenting to such use.To find out more and learn how to manage cookies please read our Cookie and Privacy Policy.

If you would like to opt in, or out, of receiving news and marketing from LegalBeagles Group Ltd you can amend your settings at any time here.

If you would like to cancel your registration please Contact Us. We will delete your user details on request, however, any previously posted user content will remain on the site with your username removed and 'Guest' inserted.


No announcement yet.

upgrade to vip

Want exclusive access to forums, more privacy and a live chat box? Upgrade to become a bigger part of our community.

only £15/yr

Offers available. No subscription traps.

sign up now

Search and Compare fixed fee legal services and find a solicitor near you.

Find a Law Firm