Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

Carry definition

What does Carry mean? In legal and financial practice, carry (often, cost of carry) describes the net financing cost or benefit that accrues while an asset, liability or hedging position is held over time. It covers both explicit cash flows and opportunity costs. Carry typically includes interest paid to fund a position (or received on cash), repo or securities lending rates, margin and collateral funding, and, where relevant, storage, insurance and similar holding costs, offset by income such as deposit interest, coupons or dividends. Foregone interest on cash committed to an investment or posted as collateral is part of carry. The term is a...

Bankruptcy searches at HM Land Registry’s Land Charges Department: when required, how to search, interpret results and manage risk (England and Wales)

Published by a LexisNexis Property expert

Practice notes

The Land Charges Act 1972 (LCA 1972) requires HM Land Registry to keep distinct public records, namely:

a register of land charges
a register of pending land actions and pending bankruptcy actions
a register of writs and orders affecting land, and of writs and orders in bankruptcy

These sit entirely apart from the substantive title register and are administered by the Land Charges Department of HM Land Registry at its Plymouth office.

This Practice Note explains when to carry out a bankruptcy search in those registers in relation to an individual or individuals. It does not cover enquiries aimed at assessing a company’s solvency; see the separate Practice Notes: Pre-contract searches, Pre-completion searches, and Quick guide to property insolvency.

For guidance on land charges and the land charges register, refer to Practice Note: Land charges under the Land Charges Act 1972—registration and purpose. The LCA 1972 also established registers of deeds of arrangement and of annuities, which are now closed; surviving entries are rarely encountered in practice.

When is a bankruptcy search required?...

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Web page updated on 21/05/2026

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