I finished paying off my mortgage with NIB a couple of years ago and when I spoke to them about getting the deeds back, they suggested that I leave the title deeds with them in case I wanted to take out an equity release mortgage at some future date.
I have now decided that this is something I am very unlikely to want to do and contacted the bank today to arrange to get the deeds back. They tell me it will take a week or so and that there will be a charge of €65 for releasing the mortgage on the property.
Is this type of charge standard practice and is the amount in line with what other banks are charging?
Regards
Homer
I have now decided that this is something I am very unlikely to want to do and contacted the bank today to arrange to get the deeds back. They tell me it will take a week or so and that there will be a charge of €65 for releasing the mortgage on the property.
Is this type of charge standard practice and is the amount in line with what other banks are charging?
Regards
Homer