Get a grip woman!

Debsnewbudget

Well done
You have got me thinking about deeds.
We have the deeds to our house as the mortgage comany do not keep them.
In fact we have the deeds to the properties we rent out as well. We keep them in the filing cabinet.
I have a feeling that in todays electronic Land Registry days they are not as important as they used to be.
Off to research .........

Suffolk_lass

Debsnewbudget - I would be interested in the conclusions you draw from your research.

enthusiasticsaver

There is no need to hold deeds in storage these days. The land registry number is what is needed but even if you did not have that it would not be an issue to sell without it which is the only situation where you might need the number. You don't even have to hand the deeds over on sale. The exception is unregistered property but very few of those around. We just keep ours in our house safe as it is useful to keep for boundaries, covenants etc.

Debsnewbudget

from Land Registry

https://hmlandregistry.blog.gov.uk/2018/02/19/title-deeds/

So you do not need your deeds as long as your house is on the Land Registry database

Also I know you can set up an alert with Land Registry which is free and tells you if someone is looking to sell your property or if there has been a mortgage application on it, its easy to do.

Suffolk_lass

Thanks both for this - I need to check with my BS (Skippy) in due course - it is not clear how long you have to be part of their deeds scheme for them to waive the admin fee (£75) they normally charge for redeeming the mortgage. I have been on an interest only (no limit for OPs) tracker for over 15 years (we ported it here from our old house).

Other research this morning includes ferry vs train vs tunnel for our French trip to friends in mid-September and later I am doing dessert for the Community Lunch - lots of people away this month so we should be 20 or so instead of the usual 30

Suffolk_lass

Oh dear. Thank goodness we are diversified. We are in the Woodford fund that has been suspended. An example of the Magic Snowball in reverse. I am not really surprised. The Times and the Sunday Times have been writing him down for several weeks in both weekend editions. I fear that when he has liquified the illiquid part of the portfolio there may be a mass exodus and the fund will crash

Karmacat

Oh no! Sorry to hear you've been affected by the Woodford fund thats awful. As you say, this is where diversification really counts

Suffolk_lass

What is going on with this weather!!!?

I had to turn a heater on yesterday, it was so cold and miserable and wet. I can feel the garden growing while I am indoors. I dealt with a box of paperwork, most of which needs burning - I must look for one of those log-makers from paper. Lots of old work papers and notebooks so far that should be shredded or burned. They will be good kindling, come the autumn.

I have to wash clothes today, even if I use the TD, which I hate in summer. DH is on his last work shirt so it must be done! I might make a cake of some sort this afternoon if I can't get out.

In money news I need to squirrel away another £80 pounds to get the mortgage down into the next thousand. My Plusnet is showing as pending at £21.54 for last month, which is pleasing so TT to the next £50 will happen when that hits tomorrow.

Karmacat

I never understood those log makers, SL, and I wish I did - you soak the paper, and it forms into a log shape, and when its dried out it burns much more slowly, is that right? Sounds a great idea.

Suffolk_lass

Essentially you make paper mache and dry it out but they are wood substitutes rather than a fire-lighter - I was going to use a bucket but frankly, it could be time consuming, more than I want to spend.

Well, with a bit of fiddling I moved enough to the mortgage to just tip into the £30k figures (just) - as most of my bank transactions are done for the month and we are almost into the deadly lull, I thought, why wait - have the interest reduction for an extra couple of weeks. So I have.