Possessory Title

The Registered Possessory Title policy provides cover when part of an occupied residential and/or commercial property is registered at the Land Registry with possessory title only. The majority of the land, including most of the building(s), must be held with full title.

 

Full Key Facts can be viewed by clicking here.

Key Features and Benefits

If someone establishes, or attempts to establish, that they own or have an adverse legal right over that part of the property which is registered with possessory title, this policy provides cover for the following, up to your selected limit of indemnity (not exceeding £2.5 million*):

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

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