Mortgage paid in Full

samlaur

Just paid off mortgage what a feeling ,nice not to owe anyone a single penny ,Would like to thank this site and its members for the advice given ,as i would be putting money into savings and not clearing the mortgage .
thanks again:beer: :beer:

djm1972

Congratulations!
:beer:

(although your local authority may dispute your claim not to owe anything to anyone come next January )

samlaur

Having paid the mortgage off i have received the title deeds ,enclosed was a letter saying You will need to instruct a solicitor to forward a Discharge of Standard Security to us if you would like our charge removed from the property .
Please could someone tell what this is and does it need to be done .Very much appreciated.
Thanks DJM1972

terrierlady

no idea we too have received ours today but no letter like yours did someone have a charge over the property apart from the mortgage provider?

samlaur

No this letter is from the mortgage provider , had it with the one account and it is paid in full .

MarkyMarkD

I don't think there's any need to get the charge removed unless you intend to borrow on the property in future. If that's unlikely to happen, I would save your money and leave the charge there.

Kaz2904

You do need to get the charge removed because until it is removed the house is not fully yours.

stephanf

Hi samlaur

Congratulations to you.

Redbedhead

Congratulations. Must be a fantastic feeling

samlaur

It ranks very high on my greatest feelings in life ,nice to know that no-one can take my house away from me or my family . Seen my dad forced out of a rented house when i was 8 years old and the humiliation on his face still lives with me .This is one of the main reasons that i wanted to get rid of it and its nice to know that i will have extra in the pocket each month to do with as i want.
Thanks to all

setmefree2

Congratulations :j. Sooooooooooooooooooooo jealous:beer::beer::beer::beer::beer::beer::beer::beer::beer::beer: