Charge and Discharge Confirmation

Ensure your mortgage records are accurate, reduce your risk of an unregistered security and get an early indication of possible fraudulent discharges each month.

Why use this service?

Ensure you are not at risk from an unregistered security.
Establish quickly when your charges are registered.
Use this service to complement charge validation of your back book, giving certainty of registration moving forwards.
Save time and money in preparing information to send to us.
Get peace of mind with our discharge confirmation option, specifically designed to highlight fraudulent activity through the paper discharge process.

Free trial using your data
From now until the end of December, get a free trial of this service. Supply a sample of property details where you have discharged the mortgage or released monies over the last month and we'll supply you with the result.
Book your free trial now >>

How it works

Decide on whether you would like notification of your registered charges or discharged charges, or both, and set up an ongoing analysis with us. (If you would like a one off validation, you would be best suited to our Charge Validation service.)
We extract the details of charges and discharges made in your company's name from our databases.
At the beginning of each month, we send you a list of your new charges that have been registered, the priority they hold on the register and we notify you of any deed that may affect that priority.
If you have opted to subscribe to Discharge Confirmation, we will also send you a list of charges that have been discharged in the previous month.

Features

Discounted rates if you subscribe to both the charge and discharge services.
You can order registers for the properties revealed within the report and request other information to be set out on the results spreadsheet.
No up-front data matching is required.
Chargeable as a monthly flat fee.
Analyse your discharges further with our customer retention analysis service.
Contracts are on a ‘rolling’ basis (3 months notice required for termination).
You can compare the Risk managment services for lenders with our comparison table.

Price

Notification of registered charges and priority: £1 for each title revealed
Notification of discharges: £1 for each title revealed
Discounted rates are offered on:
- Complete or partial back book cleansing (for One-Year Contract holders only).
- Notification of discharges when subscribing to both services (notification of discharges will be priced at 50p for each title revealed).