UK Property Law
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There was an order issued on 8 March 2013. This was at the London central court. On 25 March we sent an e-mail back to the judge, and all other parties seeking an appeal.
We have not heard anything since.
There was a charging order that the defendants should pay a certain amount by 7 May. This amount was secured against my property. If I do not pay on that date. What happens.
I need to knowwho the judgement is against and who is appealing it on what grounds
New evidence as well as legal representation. We were not legally represented in the first trial. There were three defendants.
Other question can we claim to the solicitors compensation scheme. If there is proven to be fraud on behalf of the solicitor that handled the first transaction. And how many years afterwards. Can you make a claim
If you arealleging fraud, then there is no time limit.
So are you the defendantand you lost and you who has the new evidence. Why was this evidence not shownbefore?
The evidence was not available at the time
You appear to be a defendant.
What is the new evidence?
What value is the house? Mortgage? How much is owed?
yes we are the defendants
The claimant related to our company that went into liquidation.
We did not know we could go to the liquidator to get further information before the court date
we have now gone to the liquidator and collated a lot of the information that we did not have at the trial date
we also will now be represented by a barrister
My house has a mortgage on it with all of the charges. There is no equity
my brother has equity in his house valued at about £130,000 which is his share of the property
We are the defendants Yes
I am getting moreconfused with this.
Can you pleaseexplain my brother has equity in his house valued atabout £130,000 which is his share of the property
It simply doesn't make sense.
My brother is one of the defendants
It simply doesn't make sense. You said that there was no equity.
Do you mean he owes £130k and they have a charge for £130k?
I need to know all values and who has the charges against hem for how much and all property values please.
I appreciate that you have more info for court but what is it? Is it irrefutableevidence that you have no personal liability? What is it? When did you get thejudgement
I am a defendant. My property is valued at £340,000 if I was to sell and pay off the mortgage and the secured lending excluding this new charging order to secured lending would come up to £365,000 plus a further 25,000 for this order.
My brother is a defendant and his property, is valued at £520,000 if he sold his property and paid off all of these debts. He would have £130,000 of equity
we just need to know if we do not pay the £25,000, which was issued on the order on 7 May. What would happen.?
Assuming thatthere is a charge against both your houses, the creditor can make a furtherapplication to court for an order for sale to compel the properties to be sold.
Is that theinformation that you were looking for?