Title Deeds
- A legal document showing property ownership.
- This deed is normally retained by a lender until mortgage redemption.
- It is worthwhile avoiding paying every last penny as it costs money to protect deeds and they are easily retrieved from a lender whereas at home they could be lost in a fire.
- Land Registry would provide replacement copies for a fee.
- If there is more than one owner it will be held as joint tenants or tenants in common.
- This is important for a number of reasons including the proportion of tax payable by 'non-doms'.
Published: 11 November 2013
Last Updated: 17 November 2021