Creation of Second Charge

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Cost Accountant
30 Points Posted on 28 April 2022
Sirs,

I want your solicited view - whether consent of first charge holder is compulsory/ statutorily required, when the second lender agrees to accept second charge without consent of first charge holder.

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On 28 April 2022 at 17:44 Report
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Quick Summary
This discussion seeks legal advice regarding the creation of a second charge. Specifically, it questions whether the consent of the existing first charge holder is a compulsory or statutory requirement when a new lender agrees to take a second charge without that consent. Contributors are encouraged to provide their views and insights.

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CFO- at NHTF
58280 Points Posted on 18 June 2022
Drop a PM
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On 18 June 2022 at 23:56
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Chartered Accountant
86505 Points Posted on 18 June 2022
Reply if you have some answer, don't just play games by putting same reply on each post.
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On 18 June 2022 at 23:56

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