We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
mortgage ending.
kayjay49
Posts: 4 Newbie
what is the quickest easiest and cheapest way to pay for the redemption of a mortgage coming to an end? Is it by paying the building society to do the legal costs or by employing our own legal people?
0
Comments
-
I think you've had no answers as you're question is a bit ambiguous, do you mean you are paying the mortgage off? If you are just repaying it I don't think there are any legals required...."You've been reading SOS when it's just your clock reading 5:05 "0
-
Thank you for your prompt response.
Our endownment mortgage ends this month & we was wondering what was the chepest way of completing the terminations legal costs.
Regards
kayjay490 -
If you are paying off the mortgage in full from the proceeds of the endowment policy(ies) then as Sammyjammy says, you don't need to employ a solicitor.
Contact your lender to find out how much is outstanding and send them a cheque for this amount.
If it's a High Street lender you could just go into the branch to get the figures and pay it off.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.9K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 246.9K Work, Benefits & Business
- 603.5K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards