• J 6

    By Guest on 14th Nov 2014

    Just about to complete and solicitor has come back to say that a bridging loan has not been removed from land registry - should they not of spotted this before and what happens now? the bridging loan was paid off 10 years ago and was just for 3 weeks.

  • 1 Answers

    By Guest on 06/01/2015

    The loan should have been noted as a charge on the register of title in which case it should have been apparent from the outset. If you suffer any financial loss as a result of the delay your lawyer may depending on the circumstances (I of course do not have all of the facts) be liable to compensate you. They will however have to arrange removal of the charge or at least obtain the documents needed to remove it before completion.

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