Chancel repair liability and insurance

dannim12345

TBagpuss wrote: »

Given the recent changes in the rules (as of October 2013) it is worth asking for clarification - as I understand it, any liability should now be registered against the property

I came across this when I was buying and came across the same info Tbagpuss stated. I asked my solicitor and she confirmed this was the case.

Sarahspangles

I've just agreed that if the vendors won't pay this, I will. Just to keep the sale moving. I understand that when a property has changed hands after a certain date in 2013, if no chancel liability has been registered at the Land Registry then it can't be in future.

drivel_head

I'm approaching date of exchange on my purchase, and my solicitor has told me that it's a condition of my mortgage that a chancel repair liability search is done. If the search shows that my property is at risk, then it would be a condition of the mortgage that insurance is taken out.

However, he has told me that the cost of doing the search is in fact cheaper than just taking out the insurance in the first place - so I've just paid a £14.95 one off fee for the insurance.

DawnJanette

I have justb taken out insurance via the clsl website directly. You can chose to take out a 'Successor' policy which means the insurance stays with the Premises when you leave. This is far better value as without it, any new purchaser may be faced with the same problem and it could de-value the resale value. This cost £100.88 and well worth it I think.

It also avoids paying my Solicitors even more money for doing as little as possible

moneyistooshorttomention

Richard_Webster wrote: »

Your solicitor will have copies of the Land Registry entries presumably not showing any specific Chancel Rights. Before completion he will do a search and if they are still not shown then since 13/10/2013 you take free of any liability so can't see why anyone is suggesting insurance now for a new buyer.

That's rather what I understood the position to be.

My legal executive recommended that I pay that bit extra for it when I bought this house last year. I knew this malarkey only had another few months to run before householders were "safe" from this, but I bought it just in case.

I wouldn't be doing so now though, because I understand we are all now safe against this for purchases made from late 2013 onwards.