Chancel Liability Search

Richard_Webster

Woby_Tide wrote: »

I've asked the same once before but never seen an answer but as chancelcheck will only sell policies via solicitors and not direct to the public, then surely any property owner that hasn't moved in the last couple of years and won't before 2013 is basically at risk of having a 'worthless property' (in the eyes of some) without ever being aware of these issues. Something is fishy in all this, if the risk is that much how can so many people be excluded from having a right to protect against it?

I think in theory you do have a point. As a private individual I can take a view about the risk (e.g. for my own house which I suspect is in an affected parish) and consider it small enough not to worry about the insurance, but of course as a solicitor I have more knowledge about the risk factors than most people.

Yes, it does seem unfair that there are a lot of people out there who do not appreciate there is a risk (I think a very small one) but one that we cannot completely exclude that they could get a claim and wouldn't know that they could insure against it - may be I should be writing round to my clients warning them??!!

To put it in context though, we often find that people get themselves into situations that cause them problems later through lack of knowledge. For instance, it is often the case that as well as Planning and Building Regulation Consent for extensions and alterations, a separate consent is often required from the original builder or a former landowner. On a sale the owners end up paying for a retrospective consent or a few hundred pounds for a restrictive covenant indemnity policy. If the property is leasehold, then these policies are more difficult to get and if they have a nasty grabbing freeholder they may end up paying quite a lot for a retrospective consent. My point is that this kind of problem occurs quite often and in my view is much more likely to be a problem in practice than the Chancel repair issue.

I repeat though that the real answer is simply to abolish the right for the Church to claim at all.

maninthestreet

Woby_Tide wrote: »

I've asked the same once before but never seen an answer but as chancelcheck will only sell policies via solicitors and not direct to the public, then surely any property owner that hasn't moved in the last couple of years and won't before 2013 is basically at risk of having a 'worthless property' (in the eyes of some) without ever being aware of these issues. Something is fishy in all this, if the risk is that much how can so many people be excluded from having a right to protect against it?

Surely Chancelcheck would stand to make far more money by selling direct to the public, and not via solicitors?

budget_counsellor_shaz

maninthestreet wrote: »

Surely Chancelcheck would stand to make far more money by selling direct to the public, and not via solicitors?

You can buy chancel liability insurance from these people.....they sell to the public

http://www.chancelrepairsearches.co.uk/

Shaz

Woby_Tide

budget_counsellor_shaz wrote: »

You can buy chancel liability insurance from these people.....they sell to the public

http://www.chancelrepairsearches.co.uk/

Shaz

no, they sell searches to the public


MY ChancelCheck® REPORT STATES MY PROPERTY IS LOCATED WITHIN A PARISH WHICH CONTINUES TO HAVE POTENTIAL LIABILITY, WHAT SHALL I DO?
You have two options:

1) Instigate a Full Search to reveal whether your property is particularly affected and has a specific apportionment of liability attached to it OR

2) Obtain Chancel Repair Liability Insurance

NB: As we are not FSA regulated, we can only provide you details of insurance companies for you to obtain independent quotes.

Which as maninthestreet says, if there is such a risk out there and a big demand why are the insurers so cautious about selling policies to the general public where they could make a fortune and only via solicitors who are offering advice at the same time. Almost as if they are worried selling direct could lead them open to mis-selling claims in future years for some reason or other?

budget_counsellor_shaz

I'm sorry I hope these help

http://www.landlordzone.co.uk/forums/showthread.php?p=35961

http://www.clsl.co.uk/

Woby_Tide

budget_counsellor_shaz wrote: »

I'm sorry I hope these help

http://www.landlordzone.co.uk/forums/showthread.php?p=35961

http://www.clsl.co.uk/

the first one links to the second one, the second one provides policies via conveyancers/solicitors!

budget_counsellor_shaz

Heres the link:-

http://www.clsl.co.uk/prices.php#chancelsure

I copied this from the website I think its what you are looking for:-

Residential ChancelSure® Insurance

The residential ChancelSure® Insurance range provides cover up to £1m for chancel repair liability claims and legal costs for 25 years, for properties up to 5 acres, from as little as £59.88 (inc all taxes and charges) for cover up to £250,000.
Insured: The person who purchases policy (non-successor policies) or Successor policiesPremium: From £54.00 (inc IPT) + Admin fee of £5.88 (inc VAT) = Total £59.88Period of Insurance: 25 yearsUnderwriters:



Hardy Conveyancing Insurances, underwritten by Syndicate 382 at Lloyd’s

budget_counsellor_shaz

Heres the link:-

http://www.clsl.co.uk/prices.php#chancelsure

I copied this from the website I think its what you are looking for:-

Residential ChancelSure® Insurance

The residential ChancelSure® Insurance range provides cover up to £1m for chancel repair liability claims and legal costs for 25 years, for properties up to 5 acres, from as little as £59.88 (inc all taxes and charges) for cover up to £250,000.
Insured: The person who purchases policy (non-successor policies) or Successor policiesPremium: From £54.00 (inc IPT) + Admin fee of £5.88 (inc VAT) = Total £59.88Period of Insurance: 25 yearsUnderwriters:
Hardy Conveyancing Insurances, underwritten by Syndicate 382 at Lloyd’s

I hope this is OK for you

sairy2005

Thank you so much every one. You really have helped with this. I have written to the solicitor and said that we are reluctant to pay this as I think it should be the buyer. If however the sale relies on it I shall pay as it is only £60. I just feel that it is another scam to make money for solicitors and insurance companies.

Woby_Tide

budget_counsellor_shaz wrote: »

Heres the link:-

http://www.clsl.co.uk/prices.php#chancelsure

I copied this from the website I think its what you are looking for:-

Residential ChancelSure® Insurance

The residential ChancelSure® Insurance range provides cover up to £1m for chancel repair liability claims and legal costs for 25 years, for properties up to 5 acres, from as little as £59.88 (inc all taxes and charges) for cover up to £250,000.
Insured: The person who purchases policy (non-successor policies) or Successor policiesPremium: From £54.00 (inc IPT) + Admin fee of £5.88 (inc VAT) = Total £59.88Period of Insurance: 25 yearsUnderwriters:
Hardy Conveyancing Insurances, underwritten by Syndicate 382 at Lloyd’s

I hope this is OK for you

I appreciate you trying to help but I'm not actually trying to buy it. All that details is what they charge, if you read the website they will only arrange the policy on behalf of conveyancers as long as the 'intermediary' is FSA regulated thus putting the burden on them. There still is no feasible way for a member of the public to buy it 'off the shelf'