Property | Mortgages
Property and mortgage related work is often technical and time critical and combined with ever-increasing time and cost pressures it is not surprising these areas are each a major source of claims. These areas usually involve a client’s most valuable asset and so the stakes are high. Together property and mortgage claims accounted for 51 per cent of LPLC’s total claims cost in the 2017/18 insurance year.
Property and mortgage practitioners need to be aware of the risks involved in these areas of practice and put in place systems and processes to help manage them.
LIV has prepared four conveyancing checklists to assist practitioners manage conveyancing files as well as other numerous articles and publications set out below.