Removing a Charge in Scotland

abandonded
abandonded Posts: 305 Forumite
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edited 1 November 2021 at 10:35AM in Mortgage-free wannabe
Just paid off my mortgage and in the termination letter am told that I must employ a solicitor to remove the charge from virgin. Any ideas how much this would cost me and how to go about finding a reasonable solicitor?
Abandoned

Comments

  • Could you not have just left £100 owing and leave the mortgage "active" until it's natural end?
    £52,365 owing December 2017.Now for the final countdown..1st Jan 2021 - £29,316 -- 1st Feb 2021 - £28,809 -- 1st Mar 2021 - £27,309 -- 1st Apr 2021 - £26,811 -- 1st May 2021 - £26,315 -- 1st Jun 2021 - £25,811 -- 1st Jul 2021 - £24,311 -- 1st Aug 2021 - £23,809 -- 1st Sep 2021 - £22,305 -- 1st Oct 2021 - £21,798 -- 1st Nov 2021 - £20,292 -- 1st Dec 2021 - £19,783 -- 1st Jan 2022 - £18,276 -- 1st Feb 2022 - £17,762 -- 1st Mar 2022 -£17,248 -- 1st Apr 2022 -£15,713 -- 1st May 2022 - £15,202 --1st Jun 2022 - £13,703 -- 1st Jul 2022 - £13,184 -- 1st Aug 2022 - £11,665 -- 1st Sep 2022 - £11,144 -- 1st Oct 2022 - £9,822 -- 1st Nov 2022 - £9,298 -- 1st Dec 2022 - £7,572 --1st Jan 2023 - £7,045 -- 1st Feb 2023 - £5,516 -- 10th Feb 2023 - £5,518 Overpayment Pot @ 10th Feb 23 = £5,518 / Primed = £0 / Actual debt = £0!!!! "Yes, the medicine is harsh, but the patient requires it in order to live, should we withhold the medicine?" Hopefully at zero mortgage debt by December 2022 or very close to it. Determined for freedom! 🍻🥂🍸🍹.
  • Could you not have just left £100 owing and leave the mortgage "active" until it's natural end?
    Yes, of course I could have but I didn’t and that is why I posed the questions!  Instead of trolling my thread, could you not have just raised your own thread on the pros and cons of leaving title deeds with a lender?
    Abandoned
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