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Target redemption - help to buy

abeefeater
Posts: 6 Forumite

We would like to complete a target redemption on the equity loan (20%) which was taken out when purchasing our property.
I have completed the required RICs report and requested a redemption pack with the intention of paying 10% from savings. There is no remortgaging taking place through a lender.
My question is simple, do I need a solicitor for the paperwork ? Target say I don’t but I’m worried I will mess something up.
I assume that nothing changes on the deeds. Target + my mortgage provider will still be listed as charges afterwards. Does anything actually need updating ?
thanks in advance
thanks in advance
0
Comments
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Target website says you doDon't put your trust into an Experian score - it is not a number any bank will ever use & it is generally a waste of money to purchase it. They are also selling you insurance you dont need.0
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