The Lemon Fool

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

Sorry for the very late reply, I hardly ever visit this board, so it may well be that you've already done the deal.

But for the benefit of other readers then yes, registering a charge against the house will give you the protection you require, though it would probably be sensible to deal with it via a solicitor, as it will need to be registered at the Land Registry at the same time as the purchase, and arranging this independently of registering the purchase would be difficult.