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  • FIRST POST
    • loulou41
    • By loulou41 13th Sep 17, 8:07 PM
    • 2,586Posts
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    loulou41
    House deed
    • #1
    • 13th Sep 17, 8:07 PM
    House deed 13th Sep 17 at 8:07 PM
    Bought my house in 1976 and Halifax told me to leave £1 and they will store the deed for me. Now that the title deed is stored electronically I wonder whether I should pay the £1 and ask for the house deed. I have never seen it. Anybody in the same situation like me. My daughter bought her house 7 yrs ago and she did not get the house deed. Thanks
Page 1
    • Car1980
    • By Car1980 13th Sep 17, 8:27 PM
    • 148 Posts
    • 73 Thanks
    Car1980
    • #2
    • 13th Sep 17, 8:27 PM
    • #2
    • 13th Sep 17, 8:27 PM
    You can ask for a paper copy but the mortgage company keeps the original until you've paid off your mortgage.
    • G_M
    • By G_M 13th Sep 17, 8:54 PM
    • 41,043 Posts
    • 47,146 Thanks
    G_M
    • #3
    • 13th Sep 17, 8:54 PM
    • #3
    • 13th Sep 17, 8:54 PM
    You can ask for a paper copy but the mortgage company keeps the original until you've paid off your mortgage.
    Originally posted by Car1980
    I think that's the point.

    OP has paid off the mortgage (all but £1.00) and is asking whether it's worth letting the lender store the Deeds (if indeed there are any paper deeds) or whether to pay off the £1 and get back whatever paperwork they have.

    Personally I'd pay off the £1.00. Now that it's all electronic I can't see the advantage of maintaining a nominal mortgage, but others may think of a reason.

    Impact (one way or another) on credit record?
    • TBagpuss
    • By TBagpuss 13th Sep 17, 9:03 PM
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    TBagpuss
    • #4
    • 13th Sep 17, 9:03 PM
    • #4
    • 13th Sep 17, 9:03 PM
    Assuming that you're sure that the the house is registered and therefore the title is recorded at the Land Registry, then yes, pay off the £1, have a look, and then either keep it or not as you like.

    There's no reason to keep the mortgage open and if you get it back you can also check whether there is anything of historic interest .
    • LandyAndy
    • By LandyAndy 14th Sep 17, 8:45 AM
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    LandyAndy
    • #5
    • 14th Sep 17, 8:45 AM
    • #5
    • 14th Sep 17, 8:45 AM
    If you do get them back then you might want to get the property registered at the Land Registry just in case the paper deeds get lost / destroyed. Once your house is registered at the LR the paper deeds are no longer of importance (other than interest / curiosity value).


    Registering it will probably cost you a few hundred pounds.
    • loulou41
    • By loulou41 14th Sep 17, 12:48 PM
    • 2,586 Posts
    • 167 Thanks
    loulou41
    • #6
    • 14th Sep 17, 12:48 PM
    • #6
    • 14th Sep 17, 12:48 PM
    Thanks the house is registered as have checked and could get a copy of the title for £3.
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