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Will my mortgage lender be informed about a charging order by my other creditor?

Written By: admin on July 28, 2009 2 Comments

A creditor is about to take a charging order on my property. I want to know if this creditor has the right to discuss this issue with my mortgage lender and will they exchange informaton about me.


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2 Responses to “Will my mortgage lender be informed about a charging order by my other creditor?”

  1. Fortnum on: 28 July 2009 at 4:48 am

    Absolutely: a charging order will fundamentally affect the rights the mortgage issuer has on the property. In any case, a charging order can only follow a county court judgement being issued against you, and these judgements are public information anyway.

    Charging orders are rarely issued, so I am presuming it is a very large debt.

  2. Will my mortgage lender be informed about a charging order by my other creditor? on: 28 July 2009 at 6:03 am

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