CASE STUDY: A race to possession when a borrower defaults on their financial obligations
Posted by: Westcor International
If the property is leasehold and the borrower ceases to make payments on their mortgage, not only is the lender affected, but the freeholder (or landlord) is too. This can mean a lender risks losing their security if they don't act quickly enough.
CASE STUDY: Our Perfect Title Policy protects our clients if their property's land value plummets, leading to unexpected costs
Posted by: Westcor International
Our lender client was protected under our Perfect Title Policy when the developed value of the land plummeted from over £260K, due to an unknown underground pipe, owned by the Water Authority.
CASE STUDY: Protecting our residential clients from unexpected breaches occuring on their property
Posted by: Westcor International
Our Perfect Title policies can give you piece of mind and protection if an unexpected breach occurs on your property
What are the hidden risks for lenders post purchase?
Posted by: Westcor International
Whilst all land in England and Wales is required to be registered at HMLR, following any significant change in title, only around 85% of all land in England and Wales actually is.
Housing takes centre stage in the Autumn Budget
Posted by: Westcor International
With issues from alcohol duty to growth forecasts under the microscope, the Autumn Budget included significant announcements on a diverse set of issues. Despite these concerns, attention was focused squarely on the Government?s housing proposals.
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