I can see a lot of posts about equitable charges and NRB queries, but I have come across a DT which should have had a 10 year charge review in 2016. Trustees were advised that there was nothing to report. Original charge was for £280k. I can only assume therefore that the solicitor at the time didn’t report because below £325k? It is however, above the reporting limits.
Clauses in deed include RPI increase etc so now we are calculating the exit charge, the ten year charge is important.
Lucy Orrow CTA TEP
Lambert Chapman LLP