From: john boyle
Newsgroups: uk.finance
Subject: Re: Changing mortgage type
Date: Thu, 18 Dec 2003 18:51:03 +0000
In message <_hWDb.16$zZ1.392306@news-text.cableinet.net>, Ronald Raygun
writes
>john boyle wrote:
>
>> In message , Tim
>> writes
>>>
>>>How is a tenant meant to ensure that this situation doesn't arise?
>>>(presumably they'd like some security of tenure!)
>>
>> If the landlord does what most lenders would require, then the tenant
>> would be served with a notice advising them of the mortgagees interest,
>> but of course if they do not get the notice it doesnt mean that there
>> isnt a mortgage!
>
>C'mon, answer the question!
>
I thought I did, I'll put it another way, the tenant cant be sure unless
he searches at the land registry/land charges registry even then a
puisne mortgage or equitable charge might not show up.
--
john boyle
|