The Isis title insurance policy offers comprehensive protection for homebuyers and lenders against unknown defects in title, plus a host of unforeseen risks which can be difficult or impossible for you to detect.
The cover
No matter how thoroughly you carry out the usual title investigations, there's always the chance that once a transaction completes, an undetected title issue may surface which threatens your client's investment. Our title insurance policy offers protection against these potential risks, which include:
- fraud and forgery - e.g. identity fraud - where the vendor turns out not to be the legal owner of the property
- misrepresentation by the seller (whether deliberate or not) - e.g. the seller fails to declare an on-going dispute with neighbours
- missing title information - e.g. the Land Registry title doesn't disclose everything it should
- boundary disputes - e.g. an existing structure at the property infringes upon part of a neighbouring property
The benefits
You, as well as your clients and lenders, can benefit from the protection offered by our policy.
Benefits to solicitors and conveyancers:
- Complements rather than changes established conveyancing practice, by allowing you to continue with title searches and investigations as usual
- Enhances the advice and service you provide by offering your client affordable peace of mind cover
- The handling of problems that arise after you've signed off an unqualified certificate of title is transferred from your firm's PI insurance to our title policy
- Simple and easy to arrange
Benefits to clients and lenders:
- It's a 'no fault' policy; to claim, neither your client nor the lender has to prove that another party is to blame for the situation. They simply have to demonstrate that they've suffered a financial loss covered under the policy
- Added protection against unforeseen risks that aren't covered under your firm's PI insurance
- The homeowner is covered for as long as they own the property, while lenders are automatically covered for the full term of the mortgage
- Claims are processed swiftly and efficiently
The price
Our premiums are some of the lowest in the market. Prices start at just over £100 for a £250,000 limit of indemnity.
To obtain a quote or arrange a cover, call us on 01603 761515, email enquiries@isisconveyancing.co.uk or visit isis-icon.co.uk
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