A loan contract is often registered over an asset like an house as security to ensure the loan is settled upon the sale, however not all loans are registered over property. Some relationships, such as family, choose a higher risk but more informal approach to the loan and don't register it. We can help register the agreement for an additional charge of £260. The process is as follows: 1 (if you have a mortgage) You need to obtain lender consent to the second charge being registered at the property. There is no point paying to register the loan if the lender won't allow a second charge. Your mortgage broker can help chase this. 2 Loan contract is signed by borrower and lender and the original signed document is sent to Parachute Law in the post by recorded delivery. 3 (if you have a mortgage) We contact your lender and obtain written consent to register a second charge. This can take upward of 10 working days to obtain consent from the lender. 4 Land Registry forms are completed and submitted.