Is it risky for my dad to show our house deed to a student housing company?

Watch
AlexIsMyName
Badges: 2
Rep:
?
#1
Report Thread starter 3 months ago
#1
He's very concerned about doing so and I'm not entirely sure why. Is it something to be concerned about? The company asks for proof of home ownership (title deed for one), proof of address and ID.
0
reply
HoldThisL
Badges: 21
Rep:
?
#2
Report 3 months ago
#2
aren't title deeds publicly available (for a fee) anyway? pretty sure a photocopy of this sort of thing is very standard and safe

even so, you could ask what information the company want specifically and editing out the rest for your dad's peace of mind
0
reply
Joleee
Badges: 19
#3
Report 3 months ago
#3
if he has title, he shouldn't be worried. why is your dad worried?
0
reply
AlexIsMyName
Badges: 2
Rep:
?
#4
Report Thread starter 3 months ago
#4
Oh right. Thank you. They asked for a picture/scan of it to prove home ownership. I'll call them up and ask whether it's necessary.
0
reply
martin7
Badges: 14
Rep:
?
#5
Report 3 months ago
#5
(Original post by AlexIsMyName)
He's very concerned about doing so and I'm not entirely sure why. Is it something to be concerned about? The company asks for proof of home ownership (title deed for one), proof of address and ID.
They want proof of ownership to show that he has the right to rent the property out. This is to protect against tenants subletting a property without the landlord's permission. If there's a mortgage on the property then this will also show up; he may have to show evidence that he has the lender's permission too.

(Original post by HoldThisL)
aren't title deeds publicly available (for a fee) anyway?
Yes, at least in England they are publicly available; assuming the property is registered with HM Land Registry anyone can download a copy of the title register for a £3.00 fee.


Where a property is registered with HM Land Registry the paper copy of the deeds are no longer relevant. It's the data held by HMLR that is authoritative. Even where paper deeds are still the "official" version, if a property has a mortgage then it's the mortgage lender who holds the deeds as security for the mortgage. (They are returned when the mortgage is paid off.)

It is bizarre that they want to see a copy rather than just downloading the information themselves.

For what it's worth, this is the (edited) first page of the register extract for my house:

Title Number : XXXXXXXX

This title is dealt with by HM Land Registry, Xxxxxxx Office.

The following extract contains information taken from the register of the above title number. A full copy of the register accompanies this document and you should read that in order to be sure that these brief details are complete.

Neither this extract nor the full copy is an 'Official Copy' of the register. An official copy of the register is admissible in evidence in a court to the same extent as the original. A person is entitled to be indemnified by the registrar if he or she suffers loss by reason of a mistake in an official copy.

This extract shows information current on 2 JUN 2020 at 08:58:18 and so does not take account of any application made after that time even if pending in HM Land Registry when this extract was issued.

REGISTER EXTRACT

Title Number : XXXXXXXX
Address of Property : XXXX XXXXXXXXX, XXXXXXX, XXXXXX (XXXX XXX)
Price Stated : £xxx,000
Registered Owner(s) : XXXXX XXXXX XXXXX and XXXXX XXXXX XXXXX of XXXX XXXXXXXXX, XXXXXXX, XXXXXX XXXX XXX.
Lender(s) : XXXXXXXXXXXX Bank PLC
1
reply
AlexIsMyName
Badges: 2
Rep:
?
#6
Report Thread starter 3 months ago
#6
(Original post by martin7)
They want proof of ownership to show that he has the right to rent the property out. This is to protect against tenants subletting a property without the landlord's permission. If there's a mortgage on the property then this will also show up; he may have to show evidence that he has the lender's permission too.


Yes, at least in England they are publicly available; assuming the property is registered with HM Land Registry anyone can download a copy of the title register for a £3.00 fee.


Where a property is registered with HM Land Registry the paper copy of the deeds are no longer relevant. It's the data held by HMLR that is authoritative. Even where paper deeds are still the "official" version, if a property has a mortgage then it's the mortgage lender who holds the deeds as security for the mortgage. (They are returned when the mortgage is paid off.)

It is bizarre that they want to see a copy rather than just downloading the information themselves.

For what it's worth, this is the (edited) first page of the register extract for my house:
Thank you very much. You've been quite informative! I've realised that other companies just ask for proof of ID and address. Do you know whether it's common for student accommodation companies to find title deeds anyway? Though we are being asked to provide a copy, I do wonder whether it's common practice.
0
reply
X

Quick Reply

Attached files
Write a reply...
Reply
new posts
Back
to top
Latest
My Feed

See more of what you like on
The Student Room

You can personalise what you see on TSR. Tell us a little about yourself to get started.

Personalise

With no certainty that exams next year wil take place, how does this make you feel?

More motivated (31)
25.62%
Less motivated (90)
74.38%

Watched Threads

View All