Does anyone know what this means?

[Sameolesame]

I have downloaded the land Registry title of the property I am in the process of buying. There is this bit that I cannot understand what it means.

^^Title absolute restriction: No disposition of the registered estate by the proprietor of the registered estate is to be registered without a written consent signed by the proprietor for the time being of the Charge dated 12 April 2007 in favour of Aviva Equity Release UK Limited referred to in the Charges Register.

My understanding is that there is a charge against the property by aviva that needs to be paid off before the title can be changed. Basically the current owner needs to pay them some money before the property can be transferred to you. Your solicitor will be able to handle it and ensure it’s done correctly.

Avila have a charge over the property (ie they have given money in return for rights in the house). The house can’t be sold without Aviva getting their money back from the sale proceeds. Similar to a mortgage. Your solicitor will deal.

The property has a mortgage on it.

The owner has to pay off Aviva in order to sell the house. It’s just like they’d have to pay off a mortgage. Your solicitor will deal with it, don’t worry.

Thank you. I’m relieved to know it’s nothing to worry about. Our conveyancer has not yet picked it up or said anything about it. I have asked him about it. Let’s see what he finds out.

The owner has taken an equity release scheme..essentially a mortgage.

If the owner hasn't been there since 2007, then there is an old u discharged charge which will need sorting out and the owner needs to crack on with it. Old undischarged charges are not unusual