Deeds

thetheboy

Hi I'm not sure if I'm posting this in the right place - please move if its a wrong un!

I received in the post yesterday the deeds for my newish flat from my solicitors with a cover letter saying they had registerd my name with the authorities or something (ok I didnt read the letter!). Also they stated they had stated in the letter they sent the deeds to the halifax but they sent them back as they no longer keep them.

So... what do I do with them - they need keeping safe but where can I keep them without a charge?

Thanx in advance

thetheboy

jonesMUFCforever

They might be pre registration documents etc whilst the charge certificate (the important document) will be with your mortgage company.
If you have paid off any mortgage then they need to go somewhere safe to be kept.
Will your solicitor hold them for free?
Your bank probably won't but what is £15-£20 a year against the hassle of obtaining a new certificate of title if you ever wanted to sell but could not find the relevant documents?

Xbigman

I have a fireproof box for important stuff, bought it from staples.
Regards



X

roswell

Your property will be electronicaly registered the deeds are of no use really as the land registory will have them recoreded on there systems, get a fireproof box from tesco / asda/ b&Q / staples and stick them in there with your car registration documents.

jonesMUFCforever

Question for Xbigman and roswell - what happens if the box gets stolen?
Whilst the actual Land certificate can be replaced the other documents may have searches and say planning permision for extensions etc which you may need when you want to sell.

regularsaver1

Lenders haven't kept deeds for a couple of years now, due to properties being electronically registered with Land Registry.

Although solicitors do like them and they are nice for the history of property

jonesMUFCforever

regularsaver1 wrote:

Lenders haven't kept deeds for a couple of years now, due to properties being electronically registered with Land Registry.

Although solicitors do like them and they are nice for the history of property

The Land certificate does not keep records of planning etc does it.
This info will be required if you want to sell.

ohmsoft

HMLR do keep records of basic planning but searches and border dispute articles etc - no.

I'd normally recomend to take a photocopy of all the documents - better still upload them to the interenet - but keep em seperate.

Most home insurances will cover the cost of reconstitutation in case of fire or theft -

regularsaver1

When my parents had planning permission for an extention do you think that the documentd would have been sent to the mortgage lender to add to the deeds? I doubt it

all the info was recorded as permission and my parents have the ceritifcate for the work

which is why I asked? - I have seen some with a lot of details but some with hardly any

jonesMUFCforever

When we bought our house the whole deeds were sent to the mortgage company who duly returned everything that they did not want to us including the plans and planning permission etc for the kitchen extension that previous owner had done.

Jake'sGran

ohmsoft wrote:

HMLR do keep records of basic planning but searches and border dispute articles etc - no.

I'd normally recomend to take a photocopy of all the documents - better still upload them to the interenet - but keep em seperate.

Most home insurances will cover the cost of reconstitutation in case of fire or theft -

Never thought about that. I am just about to renew my home insurance.
The idea of uploading them individually to the Internet makes me shudder. I picked ours up last week from a solicitor who'd held them for free as they had done my last will. There is a mass of paper in the envelope, very interesting I'm sure but I could not be bothered going through it all. Think I'll get a fire proof box or leave them with the solicitor who does the next will!