Our Charge Registration Service is suitable for companies and limited liability partnerships (LLP) incorporated in the UK and anyone who intends to charge the assets of a UK company or LLP.
A company/LLP must register certain charges it creates by delivering prescribed particulars of the charge, together with the charge document itself and the applicable fee to Companies House. Charges must be registered within 21 days of creation. A company/LLP must also keep a register of charges it creates with its statutory books and make the charge and that register available for inspection.
What does our service include?
| 1 |
Providing advice on whether the charge is registerable. |
| 2 |
Drafting the prescribed particulars for registration. |
| 3 |
Making all necessary filings at Companies House and the Land Registry (where appropriate). |
| 4 |
Creating/updating your statutory registers. |
The effect of non registration is that the charge is void in situations where the beneficiary is most likely to want to rely on it.
Whilst most lenders will arrange their own registration, there are many situations where 'private' charges (such as to secure private investor, shareholder or director loans) may be given by a company/LLP.
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We will provide you with a fixed quotation for advice and preparing all of the necessary documentation.
We can also advise you in relation to security documentation in general, including in relation to Debentures and Mortgages.