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Property Title Deeds

They're now electronic - No need to pay £50

'Title Deeds' are the papers that prove ownership of a property and your mortgage lender will normally hold them as security against their loan.

Previously when wanting to buy or sell a property the Title Deeds would be transferred between lenders and solicitors. But now the Government office that oversees all this paperwork, The Land Registry, has gone fully online.

Now under new rules in order to establish ownership of a property your solicitor will check the Land Registry database, it's as simple as that.

You can still get a hard copy of the paper deeds

For whatever reason some property owners may want to keep the paper copy of their deeds. If so the they'll cost £50 payable to your lender. Of course the lender will only release the deeds once the mortgage has been paid off.

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