LEGAL INDEMNITY INSURANCE

We support clients across the full property lifecycle, including:

• Developers
• Landowners
• Lenders and funders
• Real estate lawyers
• Right to Light surveyors

Legal Indemnity insurance is often appropriate where a legal, title or planning issue has been identified, but resolving it through legal action or retrospective consent would be impractical, disproportionate or could delay matters.

It is one of several tools available to manage risk — our role is to help you understand whether it is the right solution in the context of your transaction or development.

Yes. Legal Indemnity insurance is frequently used on development-led projects to manage risks such as restrictive covenants, Rights of Light, judicial review or historic title issues.

Early consideration is particularly helpful on developments, as the structure of the scheme and future phases can influence how cover should be arranged.

Policies are typically structured to protect all parties with a financial interest in the property, which may include landowners, developers, lenders, tenants and successors in title.

This shared protection can provide reassurance across the transaction and support lender and investor requirements.

Standard Heads of Loss include diminution in market value, potential settlement costs, legal and professional costs and other associated costs expenses incurred with the insurer’s prior consent.

Cover is available for additional losses including delay costs, loss of profit, loss of rent and other consequential losses.

A conversation is often useful as soon as a potential risk is identified — particularly where timelines are tight or the risk may affect funding, valuation or development plans.

Early discussions can help clarify options, the viability of a site and avoid unnecessary delays later in the process.