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A
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C
D
E
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Letter D
Deeds
The legal paperwork that proves title to a house they are the
ownership papers like a log book with a car.
If you own your own home and do not have a mortgage on the property you will
have the Deeds yourself or your solicitor may have them for safe keeping.
If this is the case and they are not kept by your solicitor for safe keeping you
should be aware that they are very important documents and should be kept very
safe you can also lodge them with a high street bank but like the solicitor they
may charge a fee.
It has been known for mortgage clients to agree with their lender at the end of
the mortgage to leave a small amount owing on the debt, such as £100.00, the
mortgage company charges a nominal payment per annum for this amount and they
keep the deeds in a safe place for the client. It should be noted however even
thought the debt is small there is still a charge registered against the
property in favour of the lender, though I think this can be a small price to
pay for keeping the documents safe.
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