Remortgaging - storing of property deeds

[Andie23]

I've just completed a remortgage of my home through Nationwide. A property law firm, was arranged by Nationwide to do the legal work and they have now sent the property deeds for me to look after, which I wasn't expecting (as it was my understanding that deeds are usually kept with the mortgage provider), and I don't really want the responsiblity or hastle of this.

Should I have been sent them or should they have gone to Nationwide? Do Nationwide usually store them if you ask and if so are they likely charge me for this? The law firm (who have made quite a few errors so far and hence I have little confidence in) said that its not a requirment of Nationwide to hold the title deeds which is why they've sent them to me.

Grateful for advice on this.

Many thanks.

[MustafaTickl]

It has been said many times on here that deeds have been done away with if your property is Registered at the Land Registry. As your mortgage lender does not want them it must be that your property is Registered, and I've looked up where you can check online which is here
http://www.landregisteronline.gov.uk/. When you have checked on Registration just put the paperwork on the bonfire.

[Andie23]

Thanks for your help.

Andie238

[themas]

Whilst it may be true that, for the purpose of straightforward conveyancing, the paper deeds are no longer needed because the land registry entries are used it is not a good idea to get rid of the paper deeds - especially if the property is an older one. Apart from any historical interest they may have, there is frequently information in them that amplifies or adds to what is on the land register. This can - in my experience - be invaluable if there are queries or disputes to be sorted out.

[odjob]

I read, not so long ago that the owner of a property ating back to Saxon times left its deeds (vellum and all that) in the hands of his solicitor - for safe-keeping. Years later, he wanted to sell the property, but his solicitor didn't have them. After much hassle it transpired that he'd sold them to an American collector of historic documents! The moral is,
insure the deeds if they have an intrinsic value, copy them or have any extra details recorded as reliably as you can. Have you thought about recording each page on film, or 'scanned' onto computer disc?