Removing Second Charge on property

A question about : Removing Second Charge on property

Hi - I will be paying off a loan secured against my property and wondered if I needed to instruct a solicitor to remove the second charge.

Does anyone know???

Thanks in advance.

NYD

(I don't know where to post this for it to be most relevant so have posted on a few threads).

Best answers:

• you need to tell your lender to remove the charge once the loan is paid off.
• I would say it depends!
  If you want to borrow money from the same lender again, by leaving the charge on, then you could save on future set up fees.
• Thank you for the replies guys!
  NYD