I have a charging order secured agaisnt an ex landlords property. This was for an amount around £10,000 with interest allowed to be added at a rate of 8% per annum. The landlord has made no payments to account and the charging order was granted almost 3 years ago. I am in process of writing a letter to the landlord and need to work out how much now will be owed. Do i add interest on annually onto interest already accured? if that makes sense. Or is the interest just on the original £10,000 debt?
Calculating interest on charging order
