Legal indemnity insurance – what is it?
If a legal issue crops up that has no apparent solution, then taking out legal indemnity insurance to compensate a buyer for any risk involved can be a quick and affordable solution. E.g if you have built an extension recently, but your deeds say you cannot, then potentially someone could come along and tell you to take it down. This would cost, and your house would lose value. Indemnity insurance can cover the cost. At Trethowans we try and work out the proper solution to avoid you paying for such insurance.