Leading Title Insurance
Avoid transaction delays No Search / Delayed Search and Search Validation cover have been widely used legal indemnity policies, accepted by lenders, property owners and real estate professionals for a number of years as an inexpensive and effective solution assisting the timely completion of property transactions. These policies provide an insured party with the ability to commit to a property asset decisively in the knowledge that, should an adverse entry be present that would otherwise appear on a standard search* and impact the value of their property investment (or security value assumed in the case of a lender), they would be covered by these policies. In these unprecedented times of the COVID-19 pandemic, First Title is aware that the necessary lockdown has resulted in significant disruption to search requests, as a result of Local Authority closures and reduced working hours. First Title has seen the demand for No / Delayed Search and Validation Cover increase as an enabler to assist in property transactions progressing, some of which would otherwise be delayed or ultimately aborted. First Title confirms that our business continuity plans have ensured that it is business as usual for our underwriting team. Therefore, they can provide your clients with a wide range of legal indemnity and defective title risk solutions to assist the UK real estate market to drive forward with its objectives and targets in 2020, and helping to overcome the significant challenges this pandemic has brought to the UK property sector. Please feel free to contact our commercial underwriting team directly if you have a tentative enquiry or require
further information on our No / Delayed Search and Validation Cover. Send your enquiry via comm.team@ firsttitle.co.uk where our team will be happy to review your requirements and provide a cover offer and draft policy (subject to underwriting approval). * Subject to the terms and conditions of the policy. Standard cover is for any adverse circumstances affecting the Land which would have been disclosed by responses to Forms LLC1, CON29, CON29DW, CON29M (2018) (enquiries 1-14 only), a Cheshire Salt search and/or a highways search as at Policy Date.
To find out more about our products and services email info@firsttitle.co.uk or call +44 (0)20 7160 8100
www.firsttitle.co.uk
First Title Insurance plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. First Title Insurance plc is registered in England under company number 01112603. Registered office: First Title Insurance plc, ECA Court, 24-26 South Park, Sevenoaks, Kent TN13 1DU.
1384-0520