What is a charging order? A charging order secures a debt by creating an equitable charge so that, when the property is sold, the creditor will receive payment out of the sale proceeds after the repayment of all mortgagees and other charge holders with priority. (Charging Orders Act 1979, s 3(4)). For further guidance, see Charging orders—overview. What is a unilateral notice? A creditor can protect the priority of a charging order over a legal estate, if it is valid, for the purposes of the Land Registration Act 2002, ss