Good Leasehold

Key Features and Benefits

If someone establishes, or attempts to establish that:

• your lease is invalid because your landlord did not have the right to grant it
• they have an adverse legal right over your property
• they have the right to enforce any restrictive covenant affecting the land and which has been breached arising from the fact that title is is good leasehold only,

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

• damages and compensation
• any sum paid with our consent to free the property from any adverse third party right, interest or covenant
• the reduction in the value of the property
• costs and expenses incurred with our consent.

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.