Putting a charge on a property, cost and recommendations?

Putting a charge on a property, cost and recommendations?

Author
Discussion

WillB

Original Poster:

214 posts

262 months

Thursday 6th July 2017
quotequote all
Hi All,

Need to put a charge on a property (that has no mortgage on it) for security against a loan

Loan amount is around £500k.

Can anyone advise on what I should be paying a solicitor for this service and anyone PH recommends? smile

Thanks

Will

Ello

443 posts

216 months

Friday 7th July 2017
quotequote all
Not a big job really so I'd expect to pay a nominal fee. I'm not a solicitor but all is required is a CH1 form to be signed and ID for money laundering.

Can recommend my sols if you want. Just pm me.

seaninog

513 posts

190 months

Monday 10th July 2017
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It's not a big job but you'll struggle to find a good solicitor that won't look at the loan amount and think in terms of percentages.

I'd be curious to hear how you got on with this actually.

WillB

Original Poster:

214 posts

262 months

Tuesday 11th July 2017
quotequote all
Thanks Ello, I've hopefully dropped you a PM smile

If anyone else has a recommendation, let me know

Will