FAQ - Deed of Postponement
What type of properties are covered by the policy?
The policy covers any private dwelling house, flat or maisonette, which has been or is being purchased under the “Right to Buy” legislation and is in mortgage to the Insured for which there is no Deed of Postponement.
How much cover is provided for each loan/property?
Each loan/property is covered for up to £50,000.
What about if we need cover for a loan, which is in excess of the standard £50,000 limit of indemnity?
Cover in excess of £50,000 can be arranged on request separately or a higher standard limit can be requested.
Can cover be provided for a mortgage assisting the purchase of the property from the local authority or a subsequent mortgage during the three year period?
Both types of mortgage can be covered.
What are the geographical limits covered under the policy?
Our policy covers properties situated anywhere in the United Kingdom.
What other lender products do you provide?
We provide a full range of lender products including Valuation Insurance, Vacant Possession, Freedom of Agency, Environmental Liability Indemnity, Portfolio, Title & Search and. In addition we are able to provide bespoke policies should the need arise (e.g. block Absence of Grant of Representation Indemnity).
Do you offer any other products for lenders?
Yes, please click here for our full range of policies.