Title Risks
Identifying Title Risks and Solutions
Risks that may require attention prior to the completion of a transaction include issues relating to the tenure or grade of the title, cautions or notices, and matters that may affect the intended use of the property, such as restrictive covenants or absence of easements.
TitleChecker® is a unique report that automates the task of investigating a title and examines the Land Registry records and the relevant parts of the CML Handbook Part 1 and Part 2 to identify elements that may require attention in order to satisfy mortgage lender requirements.
Solutions
TitleChecker®
TitleChecker® helps to streamline the conveyancing process by automating the title investigation process, helping to save time and money, reducing the risk of error, and suggesting solutions for any issues which are raised.
TitleChecker® presents the results in an easy-to-read format, and offers the following benefits:
- Assists with due diligence and informing the client
- Suggests solutions to issues raised in the title
- Reduces the risk of error within a logic process-oriented part of conveyancing
- TitleChecker® is provided with the benefit of a search insurance policy, offering cover up to a market value of £2m where there is an error in the Land Registry data
How does TitleChecker® work?
TitleChecker® identifies elements of the title that require attention and where possible will suggest a solution to enable the transaction to proceed. The report is split into three sections:
- PROPERTY DETAIL
The basic elements of the Land Registry title, e.g. tenure or grade of title. - OWNERSHIP
Identifies matters that may affect the proprietors legal and/or beneficial interest in the property, e.g. a caution or notice. - USE
Relates to matters that may affect the proprietors intended use of the property, e.g. restrictive covenants or mineral rights.
TitleChecker® offers a summarised result for each of the above sections, itemised clearly at the top of the report. The overview analysis of each component is listed below. Where there are issues which require attention or a critical risk is identified, a more detailed analysis with actions to consider are provided.
Our Title Interrogation searches
TitleChecker®
TitleChecker® automates the title investigation process, saving time and money, reducing the risk of error and suggesting solutions to any issues identified
Expert Advice and Support
If you have questions about any of our products and services, including TitleChecker®, please do not hesitate to contact the team on: +44 (0)1732 755 180 or email us via the link below.
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Try before you buy
To take advantage of a trial free order of your first environmental report, please complete the enquiry form and we will get back to you as soon as possible. We will need to take more details of the property or site and ask some more questions about your firm and the transaction.
