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PPI for late father

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  • malka
    malka Posts: 25 Forumite
    Fifth Anniversary Combo Breaker
    Hi maybe I should have phrased it more clearly. However what I was trying to establish is whether it is the 'norm' for a Bank to charge money for holding the title deeds to a property once the mortgage has been paid off.
  • Nasqueron
    Nasqueron Posts: 10,735 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    malka wrote: »
    Hi maybe I should have phrased it more clearly. However what I was trying to establish is whether it is the 'norm' for a Bank to charge money for holding the title deeds to a property once the mortgage has been paid off.

    If your father wished to pay for it, yes it is. He could have held them at home

    Sam Vimes' Boots Theory of Socioeconomic Unfairness: 

    People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.

  • [Deleted User]
    [Deleted User] Posts: 26,612 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper Photogenic
    malka wrote: »
    what I was trying to establish is whether it is the 'norm' for a Bank to charge money for holding the title deeds to a property once the mortgage has been paid off.
    Banks offer lots of paid for services, it's how they make a living.

    If your father wanted to keep the deeds at home and risk them being burgled or destroyed in a fire etc, then he was free to do so.
    He decided instead that he wanted them kept safe and was prepared to pay for this peace of mind.

    You need to understand that not every financial transaction made by your late father is somehow wrong.

    Stick with your PPI complaints.
  • malka
    malka Posts: 25 Forumite
    Fifth Anniversary Combo Breaker
    thanks everyone am trying to understand it all.



    But what does annoy me with these institutions is that english was not my fathers first language so I am sure he wasn't across everything he was sold or missold.
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