Defective Title Indemnity

Conveyancing lawyers use legal indemnity insurance to protect the intrinsic value of residential and commercial property by:

• covering risks or gaps in their clients' conveyances
• and protecting against risks that can affect their ability to use the property for its intended purpose

Legal Indemnity Insurance protects an owner or lender against a whole host of defects in title that are discovered during the due diligence process of the lawyer. Legal indemnity Insurance serves to:

• speed up the conveyancing process enabling transactions to complete on time
• provide solutions for legal problems that cannot be resolved
• assist with risk management of a lawyers practise
• Provide a cost effective 'peace of mind' solution for both lenders and borrowers

Thomas, Carroll Property Risk Services can access insurance markets to address complex Title deficiencies. However, many Title defects are straightforward and for this reason we have created with our Partners, First Title, an online quote and buy system. To find out more and to register for the system click here.

Gareth Cotty and his team have considerable experience of putting together complex arrangements without which developments would not have proceeded.