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post purchase keep deeds and docs with solicitor or at home?

anna42hmr
anna42hmr Posts: 2,901 Forumite
Part of the Furniture 1,000 Posts Name Dropper
in House buying, renting & selling
Hello

I have had a letter from my conveyancing solicitor with confirmation that the land registry details etc have been updated following my completion. However she has asked if I wish to retain the documents myeslf or have them stored at the solictors (there is an additional £25 per annum charge).

Is it worth paying these charges or am I ok to retain them at home? does the £25 p/a sound right?

we do have a metal filing tin at home which claims to be "fire proof" (an old bank tin that the bank handed to us when they stopped doing storage facilities many years ago)
MFW#105 - 2015 Overpaid £8095 / 2016 Overpaid £6983.24 / 2017 Overpaid £3583.12 / 2018 Overpaid £2583.12 / 2019 Overpaid £2583.12 / 2020 Overpaid £2583.12/ 2021 overpaid £1506.82 /2022 Overpaid £2975.28 / 2023 Overpaid £2677.30 / 2024 Overpaid £2173.61 Total OP since mortgage started in 2015 = £37,286.86 2025 MFW target £1700, payments to date at April 2025 - £1712.07..

Comments

  • agrinnall
    agrinnall Posts: 23,344 Forumite
    10,000 Posts Combo Breaker
    It's not worth paying anything for deeds as the Land Registry is the definitive holder of these. Whether it's worth paying for other documents depends on what they are, things like permits, warrants and guarantees can be hard to replace (or even find after a few years). If you are happy with your own filing system and it's security then I'd keep them at home.
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Make sure it's fireproof, but yes, keep at home.

    30 minutes:
    http://www.thesafeshop.co.uk/products/1100-fire-chest.html

    60 minutes:
    http://www.thesafeshop.co.uk/products/f2300-waterproof-fire-chest.html
  • davidmcn
    davidmcn Posts: 23,596 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Doubt it's worthwhile putting them in a safe. If your house burns down then the woodworm guarantee and building regulations consent for your conservatory will probably become irrelevant (and aren't really of great value).
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    davidmcn wrote: »
    Doubt it's worthwhile putting them in a safe. If your house burns down then the woodworm guarantee and building regulations consent for your conservatory will probably become irrelevant...
    might be useful to have the insurance certificate though.......:T
  • Mojisola
    Mojisola Posts: 35,574 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 20 February 2015 at 5:59PM
    G_M wrote: »
    Make sure it's fireproof, but yes, keep at home.

    Also worth scanning the documents and keeping a copy offsite.

    If the originals are lost, at least you'll have company names, account numbers, references and dates.
  • jonathanrolande
    jonathanrolande Posts: 90 Forumite
    £25 a year isn’t a lot for peace of mind and ease when you come to sell!
This discussion has been closed.
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