Reconsidering PII
Posted by: Titlesolv
Recently many firms would have geared up for the traditional PII renewal date at the beginning of October. But in order to keep their PII premiums down conveyancers need to address their risk profile.
Opportunity knocks as banks clamp down
Posted by: Titlesolv
The number of traditional lenders introducing stricter criteria for conveyancers wishing to join their legal panels is growing month by month. Metro Bank and Newcastle Building Society are just two of an increasing band of lenders to set more stringent requirements for any law firms wishing to join their conveyancing panels.
Property fraud claims increasing
Posted by: Titlesolv
Despite efforts to combat fraud in property transactions, nearly 10 million pounds worth of compensation claims were received by the Land Registry last year.
Title Indemnity - In Property Transactions
Posted by: Titlesolv
Property Transactions: How Title Indemnity has evolved in the Irish Market At some stage in their career working within property law, the solicitor will be faced with a situation where their client maybe challenged on the grounds of their right of title. The property can become an unacceptable proposition to the purchaser and lender alike, and chains collapse. Resolving such title problems can be expensive, time consuming and stressful. Title insurance protects owners from unexpected third party challenges against any defects in title which may affect an owner?s ability to use or develop the property. The cover provided by our title insurance enables land to be developed, mortgaged and used, notwithstanding a range of title defects; for example, restrictive covenants or defects in the legal access to land.
Title insurance set to soar
Posted by: Titlesolv
London & European today forecast a surge in the uptake of title insurance policies by prime lenders, in particular building societies...
Most Popular
Tags