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Release of house deeds

I recently paid off my mortgage and had to pay an additional £50 to get my deeds back or they would be destroyed. I paid the money but surely this can't be fair, ie. £50 just to retrieve my deeds from my file and then post them.

Does anyone know the legality of this ridiculously high charge?

Comments

  • silvercar
    silvercar Posts: 51,474
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    Ambassador
    If the property is registered at land registry then your deeds have only historic interest, so let the lender destroy them.
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
  • cattie
    cattie Posts: 8,848
    Part of the Furniture 1,000 Posts Name Dropper
    Forumite
    Who was the lender out of interest?
    The bigger the bargain, the better I feel.

    I should mention that there's only one of me, don't confuse me with others of the same name.
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