Covers the administration costs of transferring the property ownership documents from the mortgage lender to the borrower.
You have to pay this to some lender's for releasing their hold over a property once you have paid off your loan.
A fee charged by the lender on the repayment of the mortgage to cover administrative costs of the borrower leaving the lender.
Fee charged by a lender releasing its charge over a property following the redemption of a mortgage. Also known as Deeds release fee or Sealing fee.
Lenders charge this fee when releasing the charge over a property after a mortgage has been repaid.
see mortgage discharge fee
A fee charged by the lender for releasing the legal charge over your property following repayment of a mortgage.
An administration fee sometimes charged by mortgage lenders to close your mortgage account – for example, when you have finished repaying your mortgage loan.
An administration charge levied by the lender at the end of a mortgage term. This charge covers the administration costs involved when the lender releases their charge over a property.
The one-off fee charged on final payout of loan.
A fee charged by the lender to cover the administration costs of finalising and discharging a mortgage.
A fee charged by a lender for releasing its charge over a property once you have paid off your loan. You may incur this fee if you move to another lender
