A significant percentage of properties bought and sold each year are subject to title defects/risks.
Title insurance can provide protection for a wide range of title problems which can prejudice your client's ability to obtain a mortgage.
Informing your property transaction clients about title insurance forms part of a comprehensive service offering - as it provides clients with the facts from which to make informed decisions.
It can therefore also help reduce the risk of complaints and claims against you where a transaction would otherwise have fallen through.
In cases where there are complex title issues at stake, a title insurance policy can assist resolve issues in a timely and cost-efficient manner.
Lockton can arrange title insurance solutions to fit your client's requirements.
For more information or to arrange bespoke title insurance for your clients' needs, contact us.