Your One Stop Indemnity Provider
Purchasing a property is sometimes associated with costly risks such as chancel liability, lack of building regulation and planning permissions, however we can provide indemnity insurance policies that can help cover and safeguard homebuyers from these issues. Indemnities UK, which is a trading name of Searches UK, can provide both Residential and Commercial title insurance to FCA registered Solicitors and Conveyancers (homebuyers need to instruct their Solicitor or Conveyancer to take out a policy on their behalf). Our straightforward and secure online system allows you to order and issue fully underwritten policies supplied by Stewart Title in minutes – it couldn’t be easier!
Residential Title Policies
We are committed to providing a comprehensive range of policies to address any issue relating to residential title. Below are just some of the more common known risks that you can insure against.*
- Adverse Possession – Where paper title to part of the property cannot be evidenced.
- Possessory title – Where the property has been registered at the Land Registry with possessory title.
- Good leasehold – Where the freehold title has not been proved to the Land Registry and someone else challenges the validity of the lease.
- Absent landlord (Flat/Maisonette or House) – Where the landlord cannot be identified.
- Title Subject To Rights and Reservations – Where the title is subject to third party rights.
- Unknown Freehold Restrictive Covenants referred to in the Title or Deed which is missing – Where a deed or the registered title makes reference to restrictive covenants but the contents are unknown.
- Missing Lease refers to easements, rights or other provisions, which are unknown and Title subject to a Lease – Where there is reference to a lease containing easements, rights or other provisions, which are unknown.
- Defective Lease – Where the lease contains inadequate provisions as to repair/maintenance of the building of which the property forms a part or where the lease is otherwise defective.
- Breach of Restrictive Covenant – Where covenants are breached which restrict the use or type of building.
- Chancel Repair (Successor and Non-Successor) – Where the property is located within a parish potentially liable for Chancel Repair payments.
- Flying/Creeping Freehold – Where part of the residential property extends above or below another property.
- Forced Removal/Obstruction of a Right of Way – Where there is a building over an existing Right of Way.
- Lack of Drainage/Service Media/Water Supply – Where there are no or inadequate legal rights of drainage/service media/water supply to the residential property.
- Lack of Building Regulations/Planning Permission/FENSA Certificate – Building Regulations/FENSA Certificate – Alterations or additions or replacement windows were made without formal building regulations approval/receipt of FENSA Certificate (if applicable).
- Local Authority Search – (No Search/Search Delay) for a purchase – Where no formal searches of the Local Authority Land Charges, Water Services Company and/or Coal Authority registers in accordance with forms LLC1 and Con29/29R/29DW/29M have been applied for, or where searches have been applied for but there is a delay in receiving these back.
- Local Authority Search – Search Validation (for Purchase) – Where existing searches of the Local Authority Land Charges, Water Service Company and/or Coal Authority registers in accordance with forms LLC1 and CON 29/29R/29DW/29M are more than 3 months old but less than 18 months old.
*Subject to underwriting criteria
Cover for Lenders
- Insolvency – Deed of Gift/Undervalue Transaction (Lender Only) – Where there has been a transfer of the land by a deed of gift or at an undervalue.
- Freehold Flat (Lender Only) – Where the title to the flat contains inadequate provisions as to the repair and maintenance of the building of which the property forms part.
- Building Over a Sewer (Lender Only) – Where there is building over a public sewer.
- Listed Building Consent (Lender Only) – Alterations or additions to the residential property were made without formal listed buildings consent.
- Local Authority Search – (No Search/Search Delay) for a Remortgage – Where no formal searches of the Local Authority Land Charges, Water Service Company and/or Coal Authority registers in accordance with forms LLC1 and Con29/29R/29DW/W9M have been applied for, or where searches have been applied for but there is a delay in receiving these back.
- Local Authority Search – (Search Validation for a Remortgage) – Where existing searches of the Local Authority Land Charges, Water Service Company and/or Coal Authority registers in accordance with forms LLC1 and CON 29/29R/29DW/29M are more than 3 months old but less than 18 months old.
For bespoke policies please contact us directly for more information.
Searches UK Ltd is an Appointed Representative of Northcott Beaton Ltd, which is authorised by the Financial Conduct Authority under registration number 306740. This material is intended to provide general information only. For specific coverage and exclusions, refer to the policy. Subject to Underwriting terms & conditions.