Gary H
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If I were you, I would deposit the deeds with your solicitor, who should also have your Last Will and Testament... or alternatively open a deposit box at your bank and leave them in there, but do not forget to imform your solicitor where they are in the event of your death!
If they got lost it would be a pain in the **** to get them drawn up again, not impossible but a real pain! |
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Mephistopheles
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If you have a family Solicitor - give the deeds of your house to the Solicitor to be kept alongside your will - they will keep them on your behalf - there may be a fee for such storage - but probably not as much as fee charged by B.S. |
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OriginalBubble
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There is always a big risk keeping them at home, what if you have a fire, a burglar etc. £30 a year is not that much really to make sure they are safe! I would leave them where they are, maybe keep a photocopy at home. |
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sinead_cawley
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I keep my house deeds in a lock box with the bank and a copy at home in my safe, also a copy with my solicitor, just in case the worst was to happen, you can never be too careful!
I also finished paying off my mortgage, and its wonderful to not have to worry about it anymore! Try not to worry, just make a copy and keep it safe, with your solicitor or in a safe at home...otherwise enjoy girlfriend! Not many people are in our position... |
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Screaming Eagle
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In the US, they are always recorded at the county recorders office, so you can always get a certified copy. I keep mine in a safe deposit box at the bank with my other important papers. My bank lets me have a free safe deposit box with my old fart account.
If kept at home, it should be kept in a fireproof safe. But consider the risks. If the house burns down, the key might melt. |
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Mary*
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Personally, I have it -plus one copy- in a safe-deposit box at my bank where I keep other important papers as well. I also have copies of everything at home in a fire-proof box. |
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Tuppence
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You would not want to keep them at home in case of a fire or burglary. It is best to pay someone like the bank to keep them or alternatively some solicitors will store them in the same vaults they store peoples wills or you can get a safety deposit box at a bank to keep them. |
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Michael H
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Leave them with a solicitor or bank.
We keep ours with the solicitor, but as they do other work for us they don't charge.
If you loose them, I think it can still be proved that you own it becausse of land registry.
Its only if there is a break in the deeds ( maybe in 1874 there was a year where the owner wasn't recorded ) that it becomes a problem because in theory someone could come forward and claim there own it from the mising 1874 year.
Now you've finished paying off the mortgage don't forget to go and buy a yacht in Monte Carlo. |
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ANF
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If you have paid up your mortgage then you can ditch the building society as they are only after your money.
make a will if you have not done so and the solicitor will keep your deeds safely usually for free.
Never keep at home as they could be stolen or damaged in some way. Should you both die together in a crash or of some disease then who will know where your deeds are? |
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peter
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DONT keep them at home,as they are almost irreplacable.
Either keep them with your B/S and pay the money for them to keep them secure and safe, it's their responsibility if anything happens to them, or take them from your B/S and lodge them with a solicitor who will charge you a fee, usually a one off fee for keeping them, but like everyone today, all are in business to make money, and will charge you. Me, I have left mine with the B/S, in good safe hands and no worries. I know where they are!! |
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CATH G
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I keep mine at home - make sure you copy them! But, new rules say you do not need to produce deeds just register number for buyers to check. You can order copy from land registry if they get lost. Also check with soilicitor as if they have written your will they sometimes keep them freeof charge |
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voyagernj
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How about a safty deposit box at your local bank.... or if you want to hold onto it.... a fire proof safe. |
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