Our Safe Deposit Box rental service allows for up to three people to be associated with a box. The first two renters are free, and there is a £30 charge for an additional renter beyond that. However, please note that an Agreement cannot have two Secondary Renters attached to it.
The following arrangements are possible:
- A Primary Renter
- A Primary Renter and a Joint Primary Renter
- A Primary Renter, a Joint Primary Renter, and a Secondary Renter
- A Primary Renter and a Secondary Renter
It’s important to understand the distinction between a Joint Primary Renter and a Secondary Renter, particularly in the event of the Primary Renter’s death.
If the Primary Renter passes away:
- A Joint Primary Renter can take over as Primary Renter and continue accessing the box. They can also appoint a new Joint Primary Renter.
- A Secondary Renter will not have any further access to the box until probate is granted.
You can nominate one other person as a Joint Primary Renter, granting them equal rights and liability over the box. Both parties must sign the Agreement with St James Safe Deposit.
If you have a Joint Primary Renter, either of you can take several actions without the other’s presence, including upgrading or downgrading the box, drilling it open if the key is lost, issuing notice to terminate the Agreement, adding or removing a Secondary Renter, and accessing or removing box contents independently.
Neither a Primary Renter nor a Joint Primary Renter can be removed from the Agreement without both parties being present at our offices. Any person you nominate as a Joint Primary Renter or Secondary Renter must visit our vaults with you and provide identification and address proof to be registered.
A Secondary Renter has limited rights to the box and can only access it with a key provided by the Primary Renter. They cannot perform any of the actions described above.
We provide one key in Manchester and two keys in Leeds, and it is up to the Primary Renter to decide who has access to the key.
Lastly, please note that we cannot register anyone under the age of 18 to use a Safe Deposit Box.
