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• Private individuals purchasing property and their lenders • Property portfolio managers involved in residential property investment use these policies as a part of their due diligence process • Buyers often use title insurance as a safe guard mechanism in situations that are beyond their control for example when a property has a defect in its title, when sellers give warranties relating to title as well as for tax liabilities • Developers use these products to cover pre and post-planning issues and potential losses arising from judicial review. |
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Title and search insurance are purchased for many reasons sometimes just to improve the speed of property transfers and others, more importantly, to remove the risk of financial loss and the potential cost and expense of pursuing other parties for financial recourse. The policies mentioned below are usually available separately or combined unless specified otherwise for private individuals, lenders, fund managers, property investors, developers, commercial property owners and others involved in the purchase, sale and transfer of property or any rights in property. |
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These products remove the requirement for undertaking a search (no search required policies) or repeating a search (search validation policies). This cover is often included in lenders title insurance policies and so providing a combined cover policy. |
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Policies are available for the purchase of property in the UK and abroad. Policies are available that insure against known risks and unknown risks at the time cover commences. Our Types of Risks Covered page lists some of the different risks that insurers will cover.
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© 2007 Matrix Insurance Services Ltd. |
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Benefits of Title and Search Products |
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List of Uses |
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Search Products |
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matrix INSURANCE SERVICES LTD
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Residential Title & Search |
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• Insurers provide insurance policies to insure buyers and entities involved in freehold and leasehold property transactions against risk where there are title deficiencies and other property related problems. Such policies bring tangible money, time and stress saving benefits. • Search products are available to reduce costs, improve transfer rates and remove the need to obtain or update searches.
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Types of Policies |
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Contact Us:
T: +44 (0)1892 724 060 F: +44 (0)1892 724 058 enquiries@matrix-ins.co.uk |
