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Title Deeds question
cb1979
Posts: 221 Forumite
Hi i am due to make the final payment on my mortgage on the 1st March
Went in to the Building Society to see what happens when its paid
They said if we keep the account open with £1.00 in it they will store the titlle deeds for us
Is this normal or is there a hidden catch?
Thanks
Went in to the Building Society to see what happens when its paid
They said if we keep the account open with £1.00 in it they will store the titlle deeds for us
Is this normal or is there a hidden catch?
Thanks
0
Comments
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The deeds are held electronically at the Land Registry these days.
Any paper deeds are only of historical interest, and have no financial value.
You might as well pay it off and hang onto the paper deeds yourself.0
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