Insolvency Act – Gifted Deposit (Lender only)
You require an Insolvency Act – Gifted Deposit (Lender only) – legal indemnity insurance policy in circumstances when your mortgage or charge on the Property is invalid and unenforceable because of a claim made under Section 339-342 of the Insolvency Act 1986 (and any amendment thereto) in respect of a transfer of the Property completed on or prior to the Policy Commencement Date, where the gift of a sum of money was made to facilitate purchase of the Property.
We want to make buying legal indemnity insurance or ‘conveyancing insurance’, as straightforward as we possibly can. Unlike other providers, we therefore offer our indemnity quotes directly to homeowners, allowing you to save money and find a policy that is right for you. To receive an Instant Indemnity quote today, click ‘Find a Quote Now’ or email us at email@example.com