DMCC New Automatic Subscription Renewal Rules
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read moreJames Hallam is an independent Lloyd’s broker with a dedicated team of experienced insurance professionals who care about protecting your business.
James Hallam is an independent Lloyd’s broker with a dedicated team of experienced insurance professionals who care about protecting your business.
We can provide specialist legal indemnity insurance to provide financial protection during complex real estate transactions, whether you are a lender, a buyer, or a seller, and whether the transaction involves residential or commercial property.
Legal indemnity insurance is also known as title indemnity insurance. This is a form of cover that provides financial protection to lenders, purchasers, and sellers in real estate transactions involving defects in property titles.
Lenders, purchasers, and sellers might take out legal indemnity insurance when this title defect cannot be resolved, or in cases where it would pose an ongoing risk with the potential for financial losses.
Having a legal indemnity insurance policy in place can also help to streamline the conveyancing process, which can save time and money for all parties involved.
A legal indemnity policy can cover residential and commercial property sellers, purchasers, or lenders for losses such as:
You may also be able to add cover for other losses, such as delay costs and loss of rental income.
Legal indemnity insurance can cover a range of issues involving both residential and commercial properties, including:
Any party involved in a real estate transaction could benefit from the cover that a legal indemnity insurance policy would provide. This might include:
Some may choose to take out a legal indemnity insurance policy when a potential issue emerges that could lead to costs and delays. However, given that certain issues may only become apparent while the conveyance process is already underway, it might be best practice to take out legal indemnity insurance pre-emptively.
James Hallam is an independent Lloyd’s broker with a dedicated team of experienced insurance professionals, with extensive experience in the real estate sector. Our real estate insurance clients include both residential and commercial managing agents, residential management companies, freeholders, property developers and lenders.
We will take the time to understand your unique situation, and we will help you access the specialist cover you need at a competitive price.
Get in touch today:
Call us on 03335 778232 or email holly.hamer@jameshallam.co.uk
James Hallam Real Estate is an extremely professional and experienced insurance broker that works with us to deliver and maintain a comprehensive insurance programme for our business. We find our James Hallam team to be friendly and they provide an excellent service. Nothing seems to be too much trouble and we can rely on them to deal with whatever crops up, even when it is last minute and demands their attention. They have worked extremely hard to build a good relationship with our staff and understand our company, what we do, and how we operate. This has enabled them to appreciate our requirements and expectations. I have no hesitation whatsoever in recommending the James Hallam Real Estate specialists.
Allison Harrison
Group Operations Director, The Adderstone Group
We are brokers ourselves and a broker-to-broker relationship has the potential to be a tricky one for obvious reasons. Not so with the James Hallam Real Estate team. They are a great bunch to work with and are always respectful of our client relationships. They have an impressively wide access to the market and acute specialist Property knowledge which helps us to provide a superior broker service to our own clients. What sets them apart is how incredibly generous and honest they are with their advice and time. An easy-going and likeable team, we choose to work in partnership with them because not only are they very good at what they do but they are incredibly nice individuals to work with.
Tommy Hodgson
Director, Eggar Forrester
We have worked with James Hallam for a number of years now and built up an excellent working relationship in that time. The team keep us up to speed on all matters and are clearly knowledgeable in their field, always explaining the options clearly and negotiating the best possible deals available. Their service in first class and the responsiveness and efficiency sets them aside from their competitors.
Paul Carter MIRPM
Assistant Director Business Development
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