A house deed or title deed is a legal document that records who owns a particular property. It is important to keep these valuable documents safe as you will need them if you want to sell your property. They may also be needed should you wish to settle disputes with your neighbours about the boundaries of your land.
If your property is mortgaged, the bank may keep the house deed until the mortgage has been fully repaid. When the final payment on your mortgage has been made, the bank will then hand over the house deed to you to signify that you have become the owner of the property. You then have to decide how you will store the house deed safely.
The majority of solicitors do not want to hold house deeds for safekeeping as there is much risk involved on their part. If the deeds were to become lost or damaged while with the solicitor, the property owner would hold the solicitor responsible. For similar reasons, banks no longer provide a safekeeping service for new or existing clients. It is for these reasons that many people are choosing to store house deeds in their homes, however, this too can be a high risk option.
There are a number of dangers associated with storing house deeds at home. The documents are exposed to risk of theft, flood or fire and are very expensive and time consuming to have replaced. Even home safes are prime targets for potential burglars and can be a liability.
Sentinel Vaults is the country’s first and only independent safety deposit box facility inside a bank vault and offers both safe deposit boxes and document safekeeping services.
Discreetly situated among embassies, financial institutions and other reputable businesses on the prestigious Waterloo Road in Ballsbridge, Dublin 4, Sentinel Vaults is open 7 days a week and secure VIP parking is available.
The facility is manned onsite by highly trained staff and is monitored 24/7 by Chubb Security. This original bank vault has been upgraded, reinforced and fortified using the latest technology in security and construction, with consultation by Chubb Ireland. The underground vault contains two VDS graded vault doors, surpassing standards set by any other bank vaults, along with Sentinel Vaults’ sophisticated 6 Level Security System, making it one of the most secure vaults in the world.
Sentinel Vaults offer title deed storage from as little as €125 per year, and have a number of options to cater for every need. For more information or to arrange an appointment, visit www.sentinelvaults.ie or call 01-667 8370.