Forfeiture of Lease (FL)
Covers the mortgage lender when the landlord of a single private flat or maisonette based within England and Wales exercises, or attempts to exercise, a legal right to forfeit the lease during the term of the mortgage advance granted at the policy’s commencement date.
- Prices from £210.00 incl. IPT
- ‘Instant’ cover for residential properties only
- Up to £3m limit of indemnity
- Comprehensive cover including automatic 5% inflation clause per annum for 10 years
- Electronic policies and key facts
- Monthly statement and numerous payment options
- LOI can be increased at any point using our top-up policy
If your risk does not meet the issue criteria, please contact us for a Bespoke quote.