Whilst looking through paperwork from the last time that I remortgaged 2 years ago, I have found a plastic wallet containing actual title deeds to my property sent to me by the previous conveyancer, with a letter stating such. Surely these should have gone to my current lender not me? Im worried that this will cause delays or even extra expense for myself - what should I do? I live in UK.
2007-03-27 21:40:55 · 5 answers · asked by karen i 2 in Business & Finance ➔ Renting & Real Estate
Some people are now receiving the original title deeds even though they dont own their houses outright. As the details are now being held electronically. This has just happened to my friend. If you have a solicitor. Give them a quick call just to confirm.
2007-03-27 21:51:52 · answer #1 · answered by Psycho Chicken! 5 · 0⤊ 0⤋
When you have chosen your solicitor or conveyancer for the next house explain to them what the situation is and they will advise you. I suspect you have a copy of the deeds but there will still be a copy lodged with the Land registry and your mortgage lender.
2007-03-28 04:49:01 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I have bought and sold a few houses now, and have always been given the original title deeds to keep. I have never been asked to hand them over to the mortgage provider, I just assumed they were given copies.
2007-03-28 07:16:10 · answer #3 · answered by feebee 2 · 0⤊ 0⤋
I may be wrong so take legal adviseon this.
The title deeds are your property which you own and do not belong to the mortgage company. They normally hold them as security for their loan.
2007-03-28 04:57:53 · answer #4 · answered by Mark J 5 · 0⤊ 0⤋
speak to the mortgage lender or a solicitor
2007-03-28 05:44:55 · answer #5 · answered by mjammy1978 3 · 0⤊ 0⤋