Title Insurance › Individual Properties

BJIC through its' extensive access to the London Insurance Market is committed to responding to the needs of the UK residential and commercial property sector by providing a wide range of both standard and bespoke products to provide cost-effective and speedy solutions to facilitate and ease both the residential and commercial property conveyancing processes for lenders, property owners, solicitors, developers and purchasers.

The range of products available is constantly evolving and has been specifically tailored to suit the UK property and conveyancing markets and to reflect the needs of UK lenders (both primary and secondary markets) as well as those of property companies, property management companies and individual owners/purchasers of both residential and commercial property. The following is a brief summary of the main product types available, but we will be happy to discuss any specific enquiries you may have for bespoke options:

Owners/Purchasers

  • Legal Indemnities: a range of standard legal indemnity products are available for individual transactions.
  • Defective Title Indemnity: cover is available for buyers and secured lenders dealing in residential and commercial property against known defects and other problems with title, including:
    • Challenges to ownership
    • Defects in title documents or their registration
    • Known and potential covenants and other restrictions on use
    • Lack of access and other rights
    • Adverse rights affecting land
    • Unknown mortgages and other charges
    • Invalidity and lack of priority of mortgages
  • Local Search covers: a range of search delay, validation and no search required covers in respect of local authority searches including contaminated land searches of local authority registers and chancel repair searches is available.
  • Contaminated Land Insurance: available for individual properties or portfolios of properties. An environmental search of the property is a prerequisite for us to consider cover for remediation costs. As with Lender's cover, Environmental Impairment Liability product is not provided.
  • Archaeological Finds Insurance: is considered on an individual property basis.

All of the above covers are available for both residential and commercial property, subject to individual underwriting criteria, and we will be happy to discuss any product not specifically listed above.

In addition the following insurance protection is available:

  • Automated Valuation Insurance: a block policy providing protection to a lender who relies on an automated valuation rather than a specific surveyor valuation for their lending portfolio.
  • Chancel Repair Liability: available on a portfolio basis, either in support of a chancel liability search, or on a no search basis.