Both myself and my wife are former staff of a particular irish bank.
When our staff mortgage was being set up the bank made a couple of mistakes. Long story short anyway it appears the way it is set up the bank have no "legal charge" on our property.
I mentioned this to a solicitor I met in the bank one day about 4 years ago and asked her what it meant. She more or less said " you could sell the house without the bank knowing".
The bank rang me about 18 months ago and said some errors had been discovered on how our mortgage had been set up and I would receive paperwork soon to rectify it... heard nothing since.
We are planning on selling the house this year and want to ensure we don't run into problems if we get sale agreed.
Does anyone know how I'm fixed with no legal charge and could it affect our sale?
Tried finding answers online but can find no complete explanation of the implications.
When our staff mortgage was being set up the bank made a couple of mistakes. Long story short anyway it appears the way it is set up the bank have no "legal charge" on our property.
I mentioned this to a solicitor I met in the bank one day about 4 years ago and asked her what it meant. She more or less said " you could sell the house without the bank knowing".
The bank rang me about 18 months ago and said some errors had been discovered on how our mortgage had been set up and I would receive paperwork soon to rectify it... heard nothing since.
We are planning on selling the house this year and want to ensure we don't run into problems if we get sale agreed.
Does anyone know how I'm fixed with no legal charge and could it affect our sale?
Tried finding answers online but can find no complete explanation of the implications.