Absentee landlord indemnity insurance
The immediate landlord under a lease cannot be found, leaving rent unpaid and lease covenants unenforceable in the ordinary way.
- Jurisdiction
- England & Wales
- Lenders covered
- 0
- Handbook
- UK Finance · Part 1 & 2
Part 2 of the UK Finance Mortgage Lenders' Handbook is amended by lenders without notice. Check the current version before relying on any requirement described here.
Cover
Loss arising if the landlord re-emerges and enforces arrears or a covenant breach that arose while they were untraceable.
Whether a policy is appropriate, and on what terms, is a matter for the conveyancer on the individual title. Premiums, limits of indemnity and exclusions are set by the insurer and are not reproduced here. Where a lender is involved, its own requirements on indemnity policies sit in Part 2 of the Handbook.
Other title indemnity topics
Acting on lender instructions
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