It's mostly done online now and recorded electronically
you can get deeds replaced if you have lost them but the whole thing is largely a moot point
back in the good old days of crime what you would do was take about six mortgages out on the same property and put them all through at the same time
typically all the money would get transferred and you would have scarpered to Marbella by the time it was noticed that one of the lenders was not to be recipient of the deeds