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Getting deeds back from PTSB

  • 07-05-2022 11:49PM
    #1
    thejuggler
    Registered Users, Registered Users 2 Posts: 946 ✭✭✭


    Is there always a delay in getting house deeds back from the bank when a mortgage is cleared?

    I cleared mortgage in January. Requested deeds back in late February and still waiting. Phone them every few weeks for an update and keep getting fobbed off with ‘another few weeks ‘ excuse. Is this the norm?



Comments

  • #2
    L1011
    Registered Users, Registered Users 2 Posts: 74,068 ✭✭✭✭L1011


    They're always quite slow. They're stored in secure(ish) storage.



  • #3
    thejuggler
    Registered Users, Registered Users 2 Posts: 946 ✭✭✭thejuggler


    I can’t imagine how you would go about moving house while your house is mortgaged if this is your typical delay. Maybe they respond more promptly to conveyencing requests from solicitors.



  • #4
    [Deleted User]
    Posts: 1,349 ✭✭✭ [Deleted User]


    https://www.boards.ie/discussion/2058244884/getting-deeds-back-from-ptsb

    I ( very very happily) made my last mortgage payment Oct 2018 with BOI..... mid 2019 I wrote asking for deeds.....exact same as you.....got "robbed off" 2 or 3 times.......... didn't bother perusing it...... you've just put the thought in my head....got to follow up over next week or so..... it can't be that hard to find them



  • #5
    Nekarsulm
    Registered Users, Registered Users 2 Posts: 11,293 ✭✭✭✭Nekarsulm


    We cleared the mortgage on the house last summer.

    It was with B of I.

    They move at a glacial speed, after half a dozen phone calls and two letters we got a document stating that the loan was paid in full.

    Actual deeds arrived about two weeks ago.

    So, about 9 months from final payment.



  • #6
    [Deleted User]
    Posts: 1,349 ✭✭✭ [Deleted User]


    https://www.boards.ie/discussion/comment/119030428#Comment_119030428

    I'm going to "get on this tommorow........ I'll bung off an email tonight & ring BOI tommorow afternoon.

    Nice achievement though....the final payment......i geuinely thought I'd be flush/ have MORE €€ in my pocket once mortgage was paid off but with 4 young uns between 16& 29 I never actually saw any extra cash🤣



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  • #7
    Nekarsulm
    Registered Users, Registered Users 2 Posts: 11,293 ✭✭✭✭Nekarsulm


    You're right, mortgage is gone after 20 years, but now in the throes of college fees etc...

    Still, it'd be worse to be paying both...



  • #8
    [Deleted User]
    Posts: 1,349 ✭✭✭ [Deleted User]


    Quick update....

    Got deeds on Friday.

    Made me think.....when I took out that mortgage in 1999 I remember thinking " Jesus, that's an AWFUL lot of money to be borrowing "..... it was for 94 thousand punts....... funny how the last 2decades have made that figure seem very 'modest'



  • #9
    maestroamado
    Registered Users, Registered Users 2 Posts: 4,425 ✭✭✭maestroamado


    https://www.boards.ie/discussion/2058244884/getting-deeds-back-from-ptsb

    Did you do it with signed letter... there may be a small fee but i cannot remember for sure... same bank...



  • #10
    thejuggler
    Registered Users, Registered Users 2 Posts: 946 ✭✭✭thejuggler


    Got them back last week after a 3 month wait and a lot of pestering. No charge



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