Discharge standard security Scotland

TheQuaker

So I've paid off my mortgage. Confetti rains down !  The problem I've got now is to create an application to discharge the standard security from the lender with Registers of Scotland. I've asked the lender to send a letter of discharge saying we've paid off the mortgage but they have said no. I don't want to waste money on a solicitor costing hundreds to essentially fill in a form. The form is brutal. Has anyone in Scotland successfully done this themselves and did they manage to get the lender to play ball ? I've been with them over 40 years and made them thousands and they can't issue a simple letter. Disgusted.

beanielou

No I did not domyself.  Paid a solicitor.

TheQuaker

Registers of Scotland says you can do it yourself on the website, so we'll give it a bash! First step is to draft a letter to sent to the lender. If anyone has a template let me know. I'll see what chatgpt gives me. If it gets bounced at least we tried! What sort of money is it for a solicitor?

Cairnpapple

I paid £264 in 2022.

£60 Registers of Scotland discharge fee
£150 + VAT legal fee
£10 each + VAT for ID check

TheQuaker

Cairnpapple said:

I paid £264 in 2022.

£60 Registers of Scotland discharge fee
£150 + VAT legal fee
£10 each + VAT for ID check

Thanks for that. Bet it's double that now! The Ros fee is now £80. What a scam.