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indemnity insurance paperwork
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Posts: 75 Forumite
Just a quick one, we completed on a house a couple of weeks ago. During the buying process it was necessary for the vendors to take out indemnity insurance against a couple of alterations to the property, i am just wondering if i should have a copy of the indemnity insurance paperwork, and would i be expected to have it by now, or will there be a load of paperwork to come from the solicitors?
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Comments
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Usually a buyer's solicitor will wait until his clients title has been registered at the Land Registry before he sends documentation to his client.
Because we have to wait for discharge documents from seller's mortgage lenders there is usually a delay before registration of longer than 2 weeks.RICHARD WEBSTER
As a retired conveyancing solicitor I believe the information given in the post to be useful assuming any properties concerned are in England/Wales but I accept no liability for it.0 -
Oooh, thanks for that - that had crossed my mind too. We had took out insurances as the buyer, but haven't recieved anything from the solicitor other than the bill for arranging them. I didn't know if I should have asked for them.
The policies would have successor rights, so I like a copy for my records so I can pass them on when we come to sell.
cel x:staradmin:starmod: beware of geeks bearing .gifs...:starmod::staradmin:starmod: Whoever said "nothing is impossible" obviously never tried to nail jelly to a tree :starmod:0 -
Richard_Webster wrote: »Usually a buyer's solicitor will wait until his clients title has been registered at the Land Registry before he sends documentation to his client.
Because we have to wait for discharge documents from seller's mortgage lenders there is usually a delay before registration of longer than 2 weeks.
Thats great thanks, i thought it may take a little longer just wasn't sure if i would receive any paperwork.
Thanks0 -
Oooh, thanks for that - that had crossed my mind too. We had took out insurances as the buyer, but haven't recieved anything from the solicitor other than the bill for arranging them. I didn't know if I should have asked for them.
Hello, did the vendor not want to pay for the insurance, hence you have to pay for it yourself?0
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