Chancel Repair Liability
Discussion
Searches on the house that I'm buying show that it is in a parish that has the potential to have chancel repair liability registered against it, although this property doesn't have at present. Solicitor and information on the internet seem to suggest that the liability can't be registered to a title after October 2013, as long as ownership has changed since then.
Previous owner bought 10 years ago, so my interpretation is that the repair liability could only be registered while they are still the registered owners? After I've completed purchase it can't be registered in future?
If that's the case, then it hardly seems worth taking out the insurance against it?
Previous owner bought 10 years ago, so my interpretation is that the repair liability could only be registered while they are still the registered owners? After I've completed purchase it can't be registered in future?
If that's the case, then it hardly seems worth taking out the insurance against it?
mjb1 said:
Solicitor doesn't seem to want to recommend on anything - just gives the options and sits firmly on the fence.
I am inclined to agree that is should have been registered by now.If you are risk averse I'd take the policy as at the very least they will defend any claim, even if it is invalid.
This means you will have minimal hassle if you get an uppity viar who needs a new roof, or whatever it is.
Seriously, just insure it. Solicitor send details to the usual Defective Title type insurers they look at it and provide a quote, I doubt it will be more than £500, probably a lot less.
We take out chancel repair insurance frequently, its quicker and easier than trying to decide whether it was registered in time etc.
We take out chancel repair insurance frequently, its quicker and easier than trying to decide whether it was registered in time etc.
blueg33 said:
hornetrider said:
desolate said:
Yours
A.N Insurance Broker.
Indeed. Biggest fking scam going, but you've got to suck it up.A.N Insurance Broker.
I don't sell anything like that anymore but I do know of a few pretty meaty cases where it's been extremely valuable and one case where the vendor wishes he had bought - sale reduced to the tune of about 800k.
We paid for chancel liability insurance on our last purchase after learning about this in a village nearby:
https://www.theguardian.com/money/2009/sep/28/gleb...
Think it cost about £25 or something daft. As others said in the big scheme of a house move nothing.
https://www.theguardian.com/money/2009/sep/28/gleb...
Think it cost about £25 or something daft. As others said in the big scheme of a house move nothing.
desolate said:
blueg33 said:
hornetrider said:
desolate said:
Yours
A.N Insurance Broker.
Indeed. Biggest fking scam going, but you've got to suck it up.A.N Insurance Broker.
I don't sell anything like that anymore but I do know of a few pretty meaty cases where it's been extremely valuable and one case where the vendor wishes he had bought - sale reduced to the tune of about 800k.
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