Fee for loan security

I found out since it's for securing a loan you have to pay a solicitor to set up the security for a fee of 1500-2000.
 
If you are giving land or property as security there will be fees involved. There is no standard fee as it will depend on the work involved and may require 2 sets of solicitors. You will need to talk to your bank to get some indication of the costs involved as there is no general response to this query.
 
Back
Top