Mayfair Financial have teamed up with The National Deeds Depository (NDD) to provide a unique new service to our clients.
The most important Title Document used to be the Land Certificate where the Lenders’ mortgage was noted on the Certificate. However, in 2003 the Land Registry Dematerialised Land Certificates and consequently, lenders decided they no longer wanted to hold Title Deeds.
The NDD will hold a Deeds Pack on behalf of clients. The original documents of a completed Deeds Pack are stored in a state-of-the-art purpose-built facility. All documents are individually referenced onto a database and the originals are stored in a fire-safe environment. All documents are scanned and available online via password protected login credentials.
Additionally, a secure Personal Document Vault (PDV) is provided (free for life), for each person named on the Title Deeds of the property being purchased. Your PDV can be used to store all your other important documents, such as your Will, Share Certificates, Powers of Attorney, etc. The PDV is only accessible by you, using secure login credentials.
In the Deeds Pack, will be all the paperwork required for buying and selling your property quickly and efficiently. This highly cost-effective service is provided by NDD for a one-off fee of only £225.00. This fee is collected by your Conveyancer, once the purchase of your property has been agreed.