The charge is for around £4000 the property value is 130,000 and mortgage is 132,000.
I can pay this later on after I have bought the property but I can't pay it at the time of sale.
The debt arose because we were in car accident and we claimed injury against third party and our solicitors took third party insurance to the court but in mean time our solicitor company got shutdown for some reason that we are not aware of and we had to appear in court but as we didn't know about the hearing no one from our side appeared and third party claimed against us for not showing or something along those lines and got the charging order, I and my cousin both were in my car at the time of accident and it was my car so technically it is my debt but because he was the property owner they charged his property at the time. Thanks for your answer but can please clarify what the following mean
"you cannot fritter away the equity of redemption".
there is a risk that the charge will still blight the property;