Absent Landlord

The Absent Landlord indemnity policy provides cover when the landlord of a single private dwelling is missing, unresponsive or insolvent and you are unable to obtain clear ground rent receipts at the date of purchase. The landlord or its successor may subsequently re-appear and make a claim against the property owner.

 

Full Key Facts can be viewed by clicking here.

Key Features and Benefits

If the landlord claims for

  • rent arrears at the date cover commenced, if the landlord’s identity and/or whereabouts are unknown and cannot reasonably be ascertained
  • unknown breaches of leasehold covenants
  • and/or exercises a consequent right of re-entry into the property

as a direct result of

  • the seller failing to produce clear ground rent receipts
  • the breach of any terms of the lease which are preconditions to the assignment of the lease

the policy provides cover, up to your selected limit of indemnity (not exceeding £2.5 million*).

The policy automatically covers subsequent owners of the property and mortgage lenders, and remains in force from the day you issue it without any time limit. 

This ‘At a Glance’ description of cover does not set out the full terms and conditions of cover or the exceptions and limitations which apply to the policy, all of which can be found in the policy document. Please also refer to the Key Facts policy summary.
* For additional cover and higher limits of indemnity, see Bespoke Policies. 

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