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Charge on a property CH1 assurance

Covering Market, Trends, and Practical (but see LEMON-AID for Building & DIY)
staro30
Posts: 1
Joined: September 13th, 2021, 10:07 am

Charge on a property CH1 assurance

#441806

Postby staro30 » September 13th, 2021, 10:12 am

Hi,
Is applying a charge on a property via a Land Registry CH1 form the best method to protect my loan on my elderly father's next house purchase? It will be a 100% cash purchase and be soley in his name. I already own a house. I don't want an income, just the % back I loaned when the house is sold be it a profit or not and I don't want to be burdenned by extra tax or for it to go into a pot to fund my elderly's father's care if that does have to happen.
Thanks
Staro

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