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Removing Second Charge on property

Newyorkdreams
Posts: 567 Forumite

in Loans
Hi - I will be paying off a loan secured against my property and wondered if I needed to instruct a solicitor to remove the second charge.
Does anyone know???
Thanks in advance.
NYD
(I don't know where to post this for it to be most relevant so have posted on a few threads).
Does anyone know???
Thanks in advance.
NYD
(I don't know where to post this for it to be most relevant so have posted on a few threads).
2019 goal
0/£15000
0/£15000
0
Comments
-
you need to tell your lender to remove the charge once the loan is paid off.0
-
I would say it depends!
If you want to borrow money from the same lender again, by leaving the charge on, then you could save on future set up fees.0 -
Thank you for the replies guys!
NYD2019 goal
0/£150000
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