If the property is leasehold and the borrower ceases to make payments on their mortgage, not only is the lender affected but the freeholder (or landlord) is too. This can mean a lender risks losing their security if they don’t act quickly enough.

The Lender was approached by Mr M for a short term loan to be secured as a second charge against the Property he jointly owned with his mother, Mrs Y.

Whilst all land in England and Wales is required to be registered at HMLR, following any significant change in title, only around 85% of all land in England and Wales actually is.

A neighbouring property owner had constructed a hardstanding and erected sheds which subsequently encroached on the Insured’s access to the property.

Our Defective Title Policies can be tailored to enable developers to get their project off the ground. Whilst new developments aren’t always welcome, especially in areas whereby residents are not all too keen on change, our policies can help ensure that delays are kept to a minimum.

We have been asked a numerous times this week whether the lender or the solicitors (on either side of the transaction) must to see their clients face to face. If you are a lender or solicitor acting in a transaction and taking advantage of our Perfect Title policy there is no requirement for face to face meetings in this time of recommended isolation.