insurance when purchasing.

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30 Jun 2010 00:00 by dartboy Star rating. 95 posts Send private message

i recently recieved an email saying that you can now get insurance when purchasing so if your property turns out to be illegal they fight your case more info at

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30 Jun 2010 16:43 by Faro Star rating in London. 1139 posts Send private message

Can we have it underwritten by Lloyds of London and fully enforceable in the country where the buyer resides.

Otherwise it aint worth the paper it's written on just like the current bank/insurance guarantee/aval.

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30 Jun 2010 18:03 by Tumbit Star rating in Costa Blanca. 71 posts Send private message

Tumbit´s avatar

I think that the Insurance Policy that you are referring to is a 'Safepurchase Title Deed Insurance Policy' which basically Insures against many legal problems that you may encounter with your property.

In short it covers you for up to 300'000 Euros worth of legal costs that you may encounter for a 20 year term for about  25 Euros per year. The scheme is underwritten by Caser seguros ( a Spanish division of an American Insurer, where this kind of policy is quite common )

If you want to PM me I can send you the link that you need

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30 Jun 2010 20:18 by David W Star rating. 199 posts Send private message

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Lloyds of London mmm.

You must have more faith than is good for you!

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