The mortgage definition for Title deeds:
Documents stating who has title or right to the ownership of a property, which also show the boundary of the land.
These are the documents which contain all the information about a property such as the owner and the rules affecting the property. These are often held by the mortgage lender to ensure they can take possession of the property should you default on the repayments. Take note of the deed number to speed up your solicitor or conveyancer when buying or selling the property as it can take a lender several weeks to find the correct one.
Deeds release feeDeeds release fee
When you are selling the house, your solicitor will need to inspect the deeds. You will be charged a fee of between £25 - £45 for this.
Click to compare definitions of Title deeds
Click to view definitions beginning ti