Hi there

Not sure who I can refer to, hope you can spare me a few minutes of your time.

I intend to make full settlement of my housing loan with the bank (Lock up period of 5 years is over). Requested for the redemption statement and now waiting for the bank to get back to me with the figures. My question is why do I need to engage a lawyer to handle this? The bank stated that lawyer is required. Is this a normal practise? If its so do you know how much is the lawyer fees? Thought its a straight forward case. Things get complicated nowadays.

Appreciate your advise. Thank you.