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The latest paragraphs for you to consider including in your Report on Title.

Text for Report on Title

ROT: Contaminated Land Indemnity Policy - Seller to bear cost

Change date
15/10/2024
Word count
464
Deployment measure
9/10
Rationale

Draft wording covering the situation where the environmental search reveals a potential for contamination risks due to potential historical contaminated land use. In this particular instance there is a mortgage the seller has agreed to pay for an insurance policy.

As previously advised, the result of your Environmental Search (copy enclosed) has revealed the potential for contamination risks due to potential historical contaminated land use. We have referred this matter …

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Did a property problem come to light after you bought?

WhenIBought is a Lexsure service for homeowners who discover an issue when selling or remortgaging and wonder what was known, investigated or explained at the time of purchase. It offers a conversation about what happened and, where the records allow, what lenders required at the time. It does not determine whether anyone was at fault.

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