Pups_mum Posted January 3, 2018 Share Posted January 3, 2018 I am shortly due to pay my last mortgage instalment (hurrah!) and it's just occurred to me that I will need to store the deeds somewhere. I'd always assumed I'd get a safety deposit box at the bank as that's what I remember my mum and dad having. However, I've read that most banks no longer offer this service, and that those that do charge quite a lot. Can any knowledgeable people advise on possible options please? Link to comment Share on other sites More sharing options...
Anon2 Posted January 3, 2018 Share Posted January 3, 2018 Our house deeds are held by the solicitor who did our various house purchases over the years. Link to comment Share on other sites More sharing options...
Jan McNulty Posted January 3, 2018 Share Posted January 3, 2018 You don't need (or I think get) house deeds these days as all properties have had to be registered with the Land Registry since the 1980s. When I got my home a couple of years ago it hadn't previously been registered (common where the house hasn't changed hands since before the rules changed). You get a piece of paper with your registration details and that is it! As it happens the solicitors I used to process my registration hold my old fashioned deeds and will do so FOC for 15 years at which point (or any time before) I can have them back or they will be destroyed. 1 Link to comment Share on other sites More sharing options...
Anon2 Posted January 4, 2018 Share Posted January 4, 2018 Like Janet for the land we have purchased in last 2 decades we just have a basic piece of paper from land registry with a plan and certificate number. We were given the old deeds of a Victorian house we owned on the 80s. They were an interesting read and we left with the property when we sold. Link to comment Share on other sites More sharing options...
bangorballetboy Posted January 4, 2018 Share Posted January 4, 2018 This is where being a lawyer comes in handy. Assuming we're talking about property in England or Wales, the land will be either registered or unregistered. If it's residential property, it's highly unlikely to be unregistered (unless it's a leasehold interest that's less than 7 years) as registration began in the 1920s and it's a requirement to register when the property is transferred (e.g. sold, gifted, inherited). Title deeds only relate to unregistered property - they are evidence of title and should be kept safe. The law changed for registered property about 15 years ago. Prior to that, there was a land certificate for registered property (and, if the property was mortgaged, a charge certificate). These documents were important they were evidence of title or mortgage. However, the current position is that the register itself is evidence of title so the land certificate is just another piece of paper and means nothing. 3 Link to comment Share on other sites More sharing options...
Jan McNulty Posted January 4, 2018 Share Posted January 4, 2018 Thanks BBB. In many respects that is a shame because I was really interested in the (not, as it happens, very interesting) history of my house which was only built in 1935 and I am only the 3rd or 4th occupier! 1 Link to comment Share on other sites More sharing options...
Pups_mum Posted January 4, 2018 Author Share Posted January 4, 2018 Thanks all. Our house is 23 years old and we've been in it 18, so it sounds like I won't need to do anything then - that's good news. Link to comment Share on other sites More sharing options...
taxi4ballet Posted January 4, 2018 Share Posted January 4, 2018 Our house deeds are still with the building society we had the mortgage with. It's free to store them there, you just have to pay them a fee when you want them back. Link to comment Share on other sites More sharing options...
Fonty Posted January 5, 2018 Share Posted January 5, 2018 When I finished paying my mortgage with Nationwide, I left a small outstanding balance on the mortgage, which I'd always been told meant that the building society would keep everything free of charge. This seemed to be ok for 4 years, and then suddenly I received all the relevant deeds through the post, saying they were no longer keeping them. No explanation, and it came completely out of the blue. They have been sitting in my filing cabinet ever since, while I try to figure out what to do with them. Link to comment Share on other sites More sharing options...
alison Posted January 7, 2018 Share Posted January 7, 2018 I think solicitors will still store them - I certainly hope so! Link to comment Share on other sites More sharing options...
Vonrothbart Posted January 10, 2018 Share Posted January 10, 2018 There's no need for deeds, as long as the property is registered with the Land Registry Dept. Could be a slight problem if it isn't though. Link to comment Share on other sites More sharing options...
bangorballetboy Posted January 10, 2018 Share Posted January 10, 2018 4 hours ago, Vonrothbart said: There's no need for deeds, as long as the property is registered with the Land Registry Dept. Could be a slight problem if it isn't though. See what I said above... 1 Link to comment Share on other sites More sharing options...
bridiem Posted January 11, 2018 Share Posted January 11, 2018 23 hours ago, bangorballetboy said: See what I said above... This forum is a mine of unexpectedly useful information! 1 Link to comment Share on other sites More sharing options...
Vonrothbart Posted January 11, 2018 Share Posted January 11, 2018 Sorry BBB I should have maybe read your post. Link to comment Share on other sites More sharing options...
bangorballetboy Posted January 12, 2018 Share Posted January 12, 2018 9 hours ago, Vonrothbart said: Sorry BBB I should have maybe read your post. Cellophane, Mr. Cellophane, shoulda been my name, Mr. Cellophane... 1 Link to comment Share on other sites More sharing options...
Vonrothbart Posted January 12, 2018 Share Posted January 12, 2018 or maybe Mr perspex even. Link to comment Share on other sites More sharing options...
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