Title Checker
Title Checker
A Title Checker report is a concise summary of a property’s ownership and use, prepared using Land Registry records and the relevant sections of the Council of Mortgage Lenders (CML) Handbook Parts 1 and 2 (where the lender is identified).
The report identifies any elements of a property’s title that require attention and, where possible, suggests a solution that will allow the purchase transaction to proceed.
Presented in an easily digestible and understandable format, a Title Checker report can save a client time and money by automating title investigation, while assisting with due diligence.
|
Key Features |
Why this matters |
|
Automated title investigation that produces the basic elements of the Land Registry title; for example, tenure or grade of title. |
Provides client with the precise detail held by the Land Registry at the current time. |
|
Identifies ownership and any matters that may affect legal or beneficial interest in the property. |
Informs client of any risk associated with the property’s title. |
|
Reveals any restrictions or other matters that may affect any intended use of the property. |
Allows client to make an informed decision about whether to proceed with transaction. |
|
Comes with £2 million search insurance policy where there is an error in Land Registry data. |
All professional parties involved in the property transaction are covered by the insurance. |
