Evidence of Registration

Until 31 December 2003 Accord Mortgages insisted that Title Deeds were deposited as security for a mortgage loan. However, following the Land Registration Act 2002 and subsequent secondary legislation which provided the framework for an electronic Register, we dispensed with the need to submit Title Deeds from 1 January 2004.

 

Present Position

We require our instructed solicitor to send us a copy of the Title Information Document, to confirm our charge has been registered. We also require you to send us the original, or a certified copy, of the completed mortgage deed.

This documentation will be scanned and held electronically by us. Conveyancers are instructed to release any other title documents to our borrower or retain them on their client’s behalf.

Solicitors Conveyancers should take the borrower’s instructions regarding any other title documents. When these are delivered to a borrower, the borrower should be advised that the documents may be required in the future and should therefore be kept in a safe place so that they can be handed over to any subsequent buyer.

Please note, Accord Buy to Let  does not receive confirmation of registration of its charge from the Land Registry.