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Secured loan - solicitors release deeds fee

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  • Apples2
    Apples2 Posts: 6,442 Forumite
    A secured loan for £4k ?? Not to mention £500 broker fee... Holy moly.

    A release fee normally is fairly overlooked but then secured loans are normally in the tens of thousands.


    Worth challenging of course, nothing to lose by trying.
  • When was the loan taken out?

    The reason I ask is that if it was on or after 6 April 2007 it will be covered by FOS who are likely to find in your favour if it is different to the fee quoted at outset.
  • The loan was taken out in 2010.
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