Question: Will title insurers cover any title defect?
Answer: No! Insurers have specific products for common defects like Search Indemnity, Chancel Repair, Restrictive Covenants, Buildings Regulations, etc. Bespoke “Defective Title” policies are an option, but cover isn’t guaranteed.
The key: If insurers have a reasonable defence, the enquiry can probably move forward. Issues often arise when clients approach third parties before seeking insurance, potentially prejudicing the insurer’s position.
Early action is crucial! Talk to us about defects and your transaction early on. Together, we can work towards a successful outcome.
Paul Davies ACII | Tel: 07772640498 | enquiries@titlepolicies.co.uk