Defective Lease

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Single policies

Inadequate provision to insure the building and/or reinstate the property or building

Inadequate provision to insure the building and/or reinstate the property or building - lender only

Potential forfeiture in the event of insolvency of the tenant or superior tenant

Potential forfeiture of the lease under Section 8 of the Housing Act due to outstanding ground rent, as a result of the landlord interpreting the long lease as an Assured Shorthold Tenancy due to the amount of ground rent stipulated

Potential forfeiture of a superior lease which results in determination of the leasehold chain of title

Inadequate provision to maintain and repair the building in accordance with sections 5.14 and 5.15 (or such relevant paragraph) of the UK Finance Mortgage Lenders' Handbook

Inadequate provision to maintain and repair the building in accordance with sections 5.14 and 5.15 (or such relevant paragraph) of the UK Finance Mortgage Lenders' Handbook - lender only

Inadequate provision to maintain and repair the building in accordance with sections 5.14 and 5.15 (or such relevant paragraph) of the UK Finance Mortgage Lenders' Handbook, where the buyer/borrower is not obtaining a survey

Combined policies

Inadequate provision to insure, maintain and repair the building and/or reinstate the property or buildingĀ 

Inadequate provision to insure, maintain and repair the building and/or reinstate the property or buildingĀ , where the buyer/borrower is not obtaining a survey