The question over Chancel Repair Liability has been a tricky one to answer; do you buy the liability search and risk having to spend extra money on more searches or even expensive insurance policies? And let's be honest, what choice do you have?
Until now your options have been very limited and as a result there has been a complete lack of competitive products available to you and your clients.
We are pleased to announce that we are now able to offer you a suite of Chancel Liability Insurance policies, from First Title Insurance plc, starting at a national price of just £15.79 inclusive of IPT.
This means you have more options for your clients and can take out a policy for them very easily and simply through ourselves without ever having to carry out a search.
What's more the policy covers the life of the property and not just the period of your clients ownership.
- Up to £500,000.00 worth of cover £15.79 inc IPT
- Up to £1 million worth of cover £31.64 inc IPT
- Up to £500,000.00 worth of cover £56.00 inc IPT
- Up to £1 million worth of cover £95.20 inc IPT
These policies have been designed to be used as either a replacement for a chancel search OR with one if you are in receipt of a chancel search which shows potential liability, the price remains the same in either circumstance.
In addition, all four of these policies are offered at the above price on a successors in title basis and the level of cover is fixed regardless of property value.
PLEASE NOTE WE ARE NOT CURRENTLY ABLE TO SELL POLICIES DIRECT TO THE PUBLIC. ALL ORDERS MUST COME VIA YOUR LEGAL REPRESENTATIVE.