any ideas why I have been sent my property deeds without clearing my mortgage?

carolinet

any ideas why I have been sent my property deeds without clearing my mortgage?!

Mistake? I thought you only got these once you cleared your mortgage?

Mrs_Bumble

Lot of lenders are clearing out as title deeds information is now online, the storage of the deeds is very expensive for them and takes up a lot of room, and I suspect that is why your lender has now sent you the deeds.

MRSTITTLEMOUSE

We got our deeds sent to us the day after we moved in.

lazlo

These are the old deeds. Your ownership of your property is registered at the Land Registry and is called a title information document. Therefore all other deeds are sent back to the owner by most lenders/solicitors. You should keep them safe as they will be needed when you sell your property.

Check out the Land Registry website it explains it all.:j

koexelek

Mrs_Bumble wrote: »

Lot of lenders are clearing out as title deeds information is now online, the storage of the deeds is very expensive for them and takes up a lot of room, and I suspect that is why your lender has now sent you the deeds.

The lenders would probably lose them anyway.
They seem to have a habit of doing that with important documents these days :rolleyes: