<![CDATA[Redeem Housing Loan]]>Hi,


Appreciate some guidance here.

I’m thinking of redeeming my housing loan with UOB using our CPF fund. Should I use UOB panel list of lawyers or get my own lawyer? If I should get my own lawyer any recommendation?

Also, I understand that there might be a delay in CPF releasing the sum. How can I do so to realign the payment accordingly. I don’t have so much cash to pay unless using CPF.

Thanks!

]]>https://forum.kiasuparents.com/topic/53806/redeem-housing-loanRSS for NodeFri, 24 Apr 2026 01:15:40 GMTMon, 01 Apr 2013 03:28:50 GMT60<![CDATA[Reply to Redeem Housing Loan on Tue, 12 Dec 2017 02:55:01 GMT]]>

starlight1968sg:
Floppy

I agree hard or soft copies have their pros and cons
I am curious why the discrepancy
There is no discrepancy.
Just like the bank books. Some of us still have it in hard copy in a book. Some of us don’t and rely on online statement.

For title deed and property info, the push is to do away with physical copy and rely on HDB or SLA (INLIS).

]]>https://forum.kiasuparents.com/post/1822733https://forum.kiasuparents.com/post/1822733Tue, 12 Dec 2017 02:55:01 GMT<![CDATA[Reply to Redeem Housing Loan on Tue, 12 Dec 2017 02:30:41 GMT]]>Floppy

I agree hard or soft copies have their pros and cons
I am curious why the discrepancy

]]>https://forum.kiasuparents.com/post/1822730https://forum.kiasuparents.com/post/1822730Tue, 12 Dec 2017 02:30:41 GMT<![CDATA[Reply to Redeem Housing Loan on Tue, 12 Dec 2017 02:26:45 GMT]]>

starlight1968sg:
Many years ago, hdb gave a duplicate title deed hardcopy when the flat is fully paid. In recent years, colleagues told me theirs are soft copies


For condos, although some mentioned will be soft copies, the lawyer I engaged told me mine will be hard copy. Which is which?
Does it really matter? Everything is digitized these days and a physical copy is an element of headache. Moreover, there are the trees to worry about.

You can access your title deed and other info related to your property at https://www.sla.gov.sg/inlis/.

]]>https://forum.kiasuparents.com/post/1822729https://forum.kiasuparents.com/post/1822729Tue, 12 Dec 2017 02:26:45 GMT<![CDATA[Reply to Redeem Housing Loan on Tue, 12 Dec 2017 00:26:02 GMT]]>Many years ago, hdb gave a duplicate title deed hardcopy when the flat is fully paid. In recent years, colleagues told me theirs are soft copies


For condos, although some mentioned will be soft copies, the lawyer I engaged told me mine will be hard copy. Which is which?

]]>https://forum.kiasuparents.com/post/1822713https://forum.kiasuparents.com/post/1822713Tue, 12 Dec 2017 00:26:02 GMT<![CDATA[Reply to Redeem Housing Loan on Tue, 31 Oct 2017 04:05:28 GMT]]>

starlight1968sg:
For info

If you use cash for your housing loan, the lawyer charges $A
If you use cash and cpf, the lawyer charges $B

B>A
So far the quotation I get for redemption via cash is $650. Any cheaper lawfirm?

]]>https://forum.kiasuparents.com/post/1812469https://forum.kiasuparents.com/post/1812469Tue, 31 Oct 2017 04:05:28 GMT<![CDATA[Reply to Redeem Housing Loan on Sat, 28 Oct 2017 23:59:47 GMT]]>For info

If you use cash for your housing loan, the lawyer charges $A
If you use cash and cpf, the lawyer charges $B

B>A

]]>https://forum.kiasuparents.com/post/1811976https://forum.kiasuparents.com/post/1811976Sat, 28 Oct 2017 23:59:47 GMT<![CDATA[Reply to Redeem Housing Loan on Wed, 25 Oct 2017 09:41:43 GMT]]>You hv to source once u submit the full redemption form to the bank

The lawyer will write to the bank to do the full redemption etc

]]>https://forum.kiasuparents.com/post/1811284https://forum.kiasuparents.com/post/1811284Wed, 25 Oct 2017 09:41:43 GMT<![CDATA[Reply to Redeem Housing Loan on Wed, 25 Oct 2017 09:06:54 GMT]]>

starlight1968sg:
Lynn1967:

If I want to redeem my housing loan (DBS), I need to fill up the bank form and give them 3 month notice.


1.\tDo we need to source for the lawyer at this point in time? Because the form wanted us to fill in the lawyers name. Becos I read after people paid off the loan, their bank inform them to engage a lawyer to discharge the mortgage.
2.\tDo we just engage 1 lawyer to redeem the loan and discharge the mortgage to get back the title deed?

You can source your own lawyer to handle the full redemption to get the title deed but he/she has to be in the panel of Lawyers of the bank (in your case DBS). Else the bank can assign its lawyer to handle
The legal fees may be payable by you

But do we need to source at time time of applying for the redemption or can be later when it is closer to the payment date?

]]>https://forum.kiasuparents.com/post/1811281https://forum.kiasuparents.com/post/1811281Wed, 25 Oct 2017 09:06:54 GMT<![CDATA[Reply to Redeem Housing Loan on Wed, 25 Oct 2017 08:57:04 GMT]]>

Lynn1967:
If I want to redeem my housing loan (DBS), I need to fill up the bank form and give them 3 month notice.


1.\tDo we need to source for the lawyer at this point in time? Because the form wanted us to fill in the lawyers name. Becos I read after people paid off the loan, their bank inform them to engage a lawyer to discharge the mortgage.
2.\tDo we just engage 1 lawyer to redeem the loan and discharge the mortgage to get back the title deed?
You can source your own lawyer to handle the full redemption to get the title deed but he/she has to be in the panel of Lawyers of the bank (in your case DBS). Else the bank can assign its lawyer to handle
The legal fees may be payable by you

]]>https://forum.kiasuparents.com/post/1811280https://forum.kiasuparents.com/post/1811280Wed, 25 Oct 2017 08:57:04 GMT<![CDATA[Reply to Redeem Housing Loan on Wed, 25 Oct 2017 07:49:02 GMT]]>If I want to redeem my housing loan (DBS), I need to fill up the bank form and give them 3 month notice.


1.\tDo we need to source for the lawyer at this point in time? Because the form wanted us to fill in the lawyers name. Becos I read after people paid off the loan, their bank inform them to engage a lawyer to discharge the mortgage.
2.\tDo we just engage 1 lawyer to redeem the loan and discharge the mortgage to get back the title deed?

]]>https://forum.kiasuparents.com/post/1811269https://forum.kiasuparents.com/post/1811269Wed, 25 Oct 2017 07:49:02 GMT<![CDATA[Reply to Redeem Housing Loan on Fri, 15 Jul 2016 09:20:55 GMT]]>Hi, appreciate any recommendations for a reliable lawyer for doing home loan redemption.


Have checked several from the bank’s panel and lowest quote was $700 nett.

Thank you

]]>https://forum.kiasuparents.com/post/1699048https://forum.kiasuparents.com/post/1699048Fri, 15 Jul 2016 09:20:55 GMT<![CDATA[Reply to Redeem Housing Loan on Fri, 16 Aug 2013 23:17:00 GMT]]>

Daddy 😧
dagong99:

[quote=\"heyhoe\"]Thank you, dagong99 and cherrygal. I guess I'm just too anxious :oops:


Okay, will shop for safe. I intend to put the will along with the title deed. So, I guess a small one will do? Also, must be fire-proof. Any recommendation?

Cheers,

A small one will do. Mine is the Eagle brand. About $500 will get you a decent one. I store my marriage, birth, uni cert, jewellery & other important items, etc inside. πŸ˜‰

Hmm... Where did I put the marriage cert? :razz:

Title deed if lose, means cannot sell house?
Or some stat board will have ownership records? :?[/quote]title deed lost = cannot sell house
marriage cert lost = not married ?

]]>https://forum.kiasuparents.com/post/1072471https://forum.kiasuparents.com/post/1072471Fri, 16 Aug 2013 23:17:00 GMT<![CDATA[Reply to Redeem Housing Loan on Thu, 15 Aug 2013 07:40:22 GMT]]>

Daddy 😧
dagong99:

[quote=\"heyhoe\"]Thank you, dagong99 and cherrygal. I guess I'm just too anxious :oops:


Okay, will shop for safe. I intend to put the will along with the title deed. So, I guess a small one will do? Also, must be fire-proof. Any recommendation?

Cheers,

A small one will do. Mine is the Eagle brand. About $500 will get you a decent one. I store my marriage, birth, uni cert, jewellery & other important items, etc inside. πŸ˜‰

Hmm... Where did I put the marriage cert? :razz:

Title deed if lose, means cannot sell house?
Or some stat board will have ownership records? :?[/quote]Issue of Replacement Certificates of Title / Subsidiary Strata Certificates of Title / Subsidiary Certificates of Title
Replacement Certificate of Title / Subsidiary Strata Certificate of Title / Subsidiary Certificate of Title is issued when the Registrar of Titles is satisfied that the Certificate of Title / Subsidiary Strata Certificate of Title / Subsidary Certificate of Title is lost, destroyed or wrongfully withheld.

How to apply
The relevant form is to be completed and lodged electronically via STARS eLodgment during lodgment hours. The hardcopy application must be submitted together with :-
statutory declaration by the proprietor(s), chargee and/or mortgagee (where the property is charged or mortgaged) setting out the circumstances leading to the loss, destruction or wrongful withholding of the Certificate of Title / Subsidiary Strata Certificate of Title / Subsidiary Certificate of Title.
the consent from the Chargee and / or the mortgagee (where the property is charged or mortgaged) is also to be endorsed on the application.

Note: Where the Certificate of Title / Subsidiary Strata Certificate of Title / Subsidiary Certificate of Title is declared to be lost, a statutory declaration in support of the application should be made by all relevant parties who handled the Certificate of Title / Subsidiary Strata Certificate of Title / Subsidiary Certificate of Title prior to its loss, including the party legally entitled to possession of the Certificate of Title / Subsidiary Strata Certificate of Title / Subsidiary Certificate of Title.

Example: If the property is mortgaged and the Certificate of Title was released to the representative of the firm of solicitors acting for the mortgagee, the relevant parties who should declare that they do not have the Certificate of Title and have neither pledged it nor deposited it as security would be the proprietor, the solicitor's representative and the mortgagee.
the requisite fees

]]>https://forum.kiasuparents.com/post/1070540https://forum.kiasuparents.com/post/1070540Thu, 15 Aug 2013 07:40:22 GMT<![CDATA[Reply to Redeem Housing Loan on Thu, 15 Aug 2013 07:30:59 GMT]]>

ngl2010:
If the safe is small, is it easy to carry it out in case of break in?

Mine is small but definitely you need at least 2 big guys to carry it :evil:

]]>https://forum.kiasuparents.com/post/1070531https://forum.kiasuparents.com/post/1070531Thu, 15 Aug 2013 07:30:59 GMT<![CDATA[Reply to Redeem Housing Loan on Thu, 15 Aug 2013 07:26:11 GMT]]>

dagong99:
heyhoe:

Thank you, dagong99 and cherrygal. I guess I'm just too anxious :oops:


Okay, will shop for safe. I intend to put the will along with the title deed. So, I guess a small one will do? Also, must be fire-proof. Any recommendation?

Cheers,

A small one will do. Mine is the Eagle brand. About $500 will get you a decent one. I store my marriage, birth, uni cert, jewellery & other important items, etc inside. πŸ˜‰

Hmm... Where did I put the marriage cert? :razz:

Title deed if lose, means cannot sell house?
Or some stat board will have ownership records? :?

]]>https://forum.kiasuparents.com/post/1070527https://forum.kiasuparents.com/post/1070527Thu, 15 Aug 2013 07:26:11 GMT<![CDATA[Reply to Redeem Housing Loan on Thu, 15 Aug 2013 07:11:18 GMT]]>

keroppi:
ngl2010:

If the safe is small, is it easy to carry it out in case of break in?


Gotta drill it into the wall.

Oh... Thank you. We didn't know have to drill it into the wall.

]]>https://forum.kiasuparents.com/post/1070511https://forum.kiasuparents.com/post/1070511Thu, 15 Aug 2013 07:11:18 GMT<![CDATA[Reply to Redeem Housing Loan on Thu, 15 Aug 2013 07:04:15 GMT]]>

ngl2010:
If the safe is small, is it easy to carry it out in case of break in?

Gotta drill it into the wall.

]]>https://forum.kiasuparents.com/post/1070503https://forum.kiasuparents.com/post/1070503Thu, 15 Aug 2013 07:04:15 GMT<![CDATA[Reply to Redeem Housing Loan on Thu, 15 Aug 2013 06:53:46 GMT]]>If the safe is small, is it easy to carry it out in case of break in?

]]>https://forum.kiasuparents.com/post/1070486https://forum.kiasuparents.com/post/1070486Thu, 15 Aug 2013 06:53:46 GMT<![CDATA[Reply to Redeem Housing Loan on Thu, 15 Aug 2013 06:12:01 GMT]]>Hi dagong99 and cherrygal,


Thanks for the recommendation. Okay, will take a look at NTUC and Home Fix.

Cheers,

]]>https://forum.kiasuparents.com/post/1070440https://forum.kiasuparents.com/post/1070440Thu, 15 Aug 2013 06:12:01 GMT<![CDATA[Reply to Redeem Housing Loan on Thu, 15 Aug 2013 05:41:01 GMT]]>Safe deposit box rates:

http://www.certissecurity.com/safedeposit/box_price.php

$99 per year so might as well get a safe to put at home... I saw some Yale ones at NTUC hypermarket.

]]>https://forum.kiasuparents.com/post/1070358https://forum.kiasuparents.com/post/1070358Thu, 15 Aug 2013 05:41:01 GMT<![CDATA[Reply to Redeem Housing Loan on Thu, 15 Aug 2013 02:30:44 GMT]]>

heyhoe:
Thank you, dagong99 and cherrygal. I guess I'm just too anxious :oops:


Okay, will shop for safe. I intend to put the will along with the title deed. So, I guess a small one will do? Also, must be fire-proof. Any recommendation?

Cheers,
A small one will do. Mine is the Eagle brand. About $500 will get you a decent one. I store my marriage, birth, uni cert, jewellery & other important items, etc inside. πŸ˜‰

]]>https://forum.kiasuparents.com/post/1070172https://forum.kiasuparents.com/post/1070172Thu, 15 Aug 2013 02:30:44 GMT<![CDATA[Reply to Redeem Housing Loan on Thu, 15 Aug 2013 01:03:14 GMT]]>Thank you, dagong99 and cherrygal. I guess I'm just too anxious :oops:


Okay, will shop for safe. I intend to put the will along with the title deed. So, I guess a small one will do? Also, must be fire-proof. Any recommendation?

Cheers,

]]>https://forum.kiasuparents.com/post/1070070https://forum.kiasuparents.com/post/1070070Thu, 15 Aug 2013 01:03:14 GMT<![CDATA[Reply to Redeem Housing Loan on Wed, 14 Aug 2013 09:09:37 GMT]]>

cherrygal:
Heyhoe, we have just fully redeemed our house too! :hi5:


Did it in 1 month instead of 3 months since bank was ok with it. I forgot to ask the lawyer how long it would take for the title deed to be released but all the statements from the bank and CPF came already. Lawyer says SLA needs time to update the deed to reflect the owners as us and remove the bank's name etc.

No worries lah... Now must think where to store the deed.
We kept it \"warm warm\" in our safe at home. πŸ˜‰

]]>https://forum.kiasuparents.com/post/1069328https://forum.kiasuparents.com/post/1069328Wed, 14 Aug 2013 09:09:37 GMT<![CDATA[Reply to Redeem Housing Loan on Wed, 14 Aug 2013 09:08:50 GMT]]>

cherrygal:
Heyhoe, we have just fully redeemed our house too! :hi5:


Did it in 1 month instead of 3 months since bank was ok with it. I forgot to ask the lawyer how long it would take for the title deed to be released but all the statements from the bank and CPF came already. Lawyer says SLA needs time to update the deed to reflect the owners as us and remove the bank's name etc.

No worries lah... Now must think where to store the deed.
Yes, it will take some months for SLA to remove the caveat, should be about the same amount of time to lodge the caveat when you first bought it. πŸ˜‰ Mine took longer than 3 months to lodge the caveat when we purchased the property in Apr.

]]>https://forum.kiasuparents.com/post/1069324https://forum.kiasuparents.com/post/1069324Wed, 14 Aug 2013 09:08:50 GMT