Sell My House With a Charging Order
Sell with a charging order and avoid costly delays and legal complications.
If you’re looking to sell a house with a charging order on it, you’ve come to the right place. At Sell House Fast, we can sell your property in as little as 7 days, regardless of where it’s located, how big it is, what condition it’s currently in, or how much is owed against it.
As a cash buyer of houses with charging orders, we won’t charge you a penny in estate agent fees. As part of our service, we’ll also cover all legal costs associated with the sale of your property. That way, you’ll walk away with all the money your property sells for minus your outstanding mortgage and any debt secured by the charging order.
Sell Your House With a Charging Order and Clear the Debt Fast
If you have a charging order registered against your property, selling your house can be one of the quickest and most effective ways of clearing the debt attached to it. And at Sell House Fast, we can help you make it happen quickly and without facing any of the delays or uncertainties that come with selling on the open market.
With a 4.8/5 star rating on Trustpilot, we are one of the most reputable and well-established cash house buyers in the country. So, if you want to sell your property to a buyer who genuinely has your best interests at heart, get a free cash offer today or give our team a call on 0800 368 4757 at a time that suits you.
How a Charging Order Is Dealt With During a Property Sale
When you sell a property with a charging order on it, the process of dealing with the secured debt will be handled by your solicitor. Your legal representative will notify the creditor of the pending sale, confirm the exact amount owed, and make sure that the debt is settled directly from the proceeds before any remaining funds are released to you.
As a result of that, you don’t have to contact the creditor yourself or make any separate arrangements to pay off the debt. Everything will be taken care of as part of the sale.
What Happens to the Debt When You Sell a House With a Charging Order?
When you sell your house with a charging order, the debt secured against your property will be cleared as part of the conveyancing process before any funds are released to you. This process is handled automatically by your solicitor, so you don’t need to worry about it.
Once the debt is paid off, the charging order is automatically removed from the property, and any remaining funds from the sale will be paid out to you.
Do You Need Legal Advice Before Selling With a Charging Order?
While it’s not a legal requirement, we generally recommend it, as knowing exactly where you stand and what you can expect regarding any debts secured against your property can make the entire process much less stressful and easier to manage.
If you choose to sell your property through us, you will receive all the advice and guidance you need when selling your property and what you can expect (including what will happen with your charging order).
How Sell House Fast Can Help You Sell With a Charging Order
At Sell House Fast, we make the process of selling your house with a charging order quick, seamless, and completely stress-free. Should you decide to sell your property through us, below is the process that you can expect from start to finish:
- You request a free cash offer for your property through our website
- We review your property information and provide our cash offer within 24 hours
- You consider our offer for your property and decide if you want to sell
- If you want to move forward with the sale, an agreement is signed
- We carry out a comprehensive condition report of your property
- The condition report is sent for an independent valuation
- The valuation comes back, and the final sale price is confirmed
- We instruct our legal team to start preparing all necessary paperwork
- We carry out one final survey of the property to make sure nothing was missed
- The sale is completed, your debts are cleared, and the remaining funds are released
FAQs About Selling Your House With a Charging Order
Need more information? Our team is available on 0800 368 4757. You can also find answers to the most common questions below.
Can I sell my house if there is a charging order on it?
This happens automatically as part of the conveyancing process, so as long as your property sells for more than the amount owed, you can proceed with the sale as normal.
What happens to a charging order when I sell my property?
Will a charging order reduce the money I receive from the sale?
For example, if your property sells for £200,000 and you have a charging order of £20,000 secured against it, you would receive £180,000 from the sale once the charging order has been settled (minus any outstanding mortgage and any other charges associated with the sale).
How quickly can I sell my house if it has a charging order?
Do I need a solicitor to sell my house with a charging order?
The good news is that if you choose to sell your property through us, all your solicitor fees will be covered as part of our service.
Can I sell without the creditor's agreement if there is a charging order?
What if the charging order exceeds the equity in my property?
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