Can a legal charge on a property be reassigned with the consent/authorization of the existing assignee?

[alworthy]

Hello all, does anyone know if a legal charge on a property can be reassigned with the consent/authorization of the existing assignee? and if so, would the present 'charge position' (i.e first charge, second charge etc) of said legal charge be maintained. Thank you

[Buenchico]

We might need Barmaid (AB's resident barrister) here but I can't see how anyone could be deprived of their right to a financial interest in a property without their consent. Indeed, the relevant paperwork seems to make no provision for it:
http://www.landregist...wnloads/forms/TR4.pdf

Chris

[alworthy]

Hey Buenchico, thanks for your prompt response. I think you have 'inadvertently' answered my query with the land registry form you kindly provided a link for. I was looking for confirmation that a charge could be reassigned WITH the current assignees consent, the land reg form confirms that this is indeed possible. Thanks once again.

[Buenchico]

Thanks for your reply.

I must learn to read more carefully (or a least wait until I've had a drink first)!