Prosperity Insurance launch new range of conveyancing insurance services

Buying a property, for many, will be the biggest purchase they ever make. And for others, owning and renting property is a core part of their income and livelihood. In both cases, an additional layer of protection is not only wise, but crucial for peace of mind. 

Working with law firms across the UK – we’re often being asked to bring more insurance products to market, that benefit their clients. And we’ve listened carefully, now adding two new conveyancing insurances to our range. If you’re a conveyancer, you might want to read on!

Forfeiture of Superior Lease  

This is designed to provide additional protection against financial losses in the event of forfeiture of a superior lease arising from the breach of covenants by a third party, resulting in forfeiture of the buyer’s own lease.

Crossover indemnity insurance (Dropped Kerb Cover)

The need for this policy would arise if the previous owner of a property has dropped the kerb to allow vehicles access without seeking consent from the local authority. This means there is a risk for the property owner, that the local authority may take enforcement action in line with the Highways Act 1980, incurring costs to the new property owner. Rather than contacting the local authority to clarify any retrospective concerns, this policy can be purchased to provide security and protection against any related financial losses.

Rather than contacting the local authority to clarify any retrospective concerns, this policy can be purchased to provide security and protection against any related financial losses. 

Why Prosperity? 

Managing policies for clients can be a time consuming part of a solicitor’s job, no matter how beneficial the protection offered might be. Being able to offer a variety of products, quickly, confidently, and at a competitive price is key. 

Our portal is easy to use, requires minimal amounts of information and can quote a premium in seconds – issuing an entire policy in only a few minutes. Less paperwork for you – and peace of mind for your clients. You’ll also find, that our prices rarely increase and are amongst the most competitive in the market. Why is it designed as such? Because that’s what our clients, law firms across the UK, are telling us they want. 

Business Development Manager, Darren Parfitt said: 

“What’s special about Prosperity is the way we inform and design our products. Everything is shaped by our knowledge and working with law firms, and the wider Prosperity Group. That specialist expertise is poured into how we work, and each client will have their own dedicated Account Manager. 

If you’re a Conveyancer, you might also be interested to know that we’ll be launching more products in the coming months – including insurances for Flying-Creeping Leasehold, No-build Over Agreement for Sewers and Drains, and Missing/Illegible Lease Plan.”

For more information about conveyancing products, visit the dedicated section of our website or to arrange an informal chat with one of our team, email darren@prosperityinsurance.co.uk