Water and Drainage Indemnity Insurance
Delays in water and drainage searches can hold up property transactions unnecessarily, especially when every day counts. At Lloyd & Whyte Legal Indemnities, we provide practical solutions that help you keep deals on track.
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Water and Drainage Indemnity Insurance
A practical solution for time-sensitive property transactions.
Water and Drainage Indemnity Insurance is one of the most effective tools we recommend when a standard drainage and water search (like a CON29DW) hasn’t been returned in time or has been omitted for good reason. With this cover in place, transactions can proceed smoothly, while protecting clients from hidden liabilities.
Understanding Water and Drainage Indemnity Insurance
When should you consider this policy?
- A water and drainage search has been ordered but not yet received
- The transaction is facing time pressures, and waiting could risk collapse
- A decision has been made to omit the search due to cost, delay, or practicality
- All parties are satisfied that no known drainage or water issues exist
If any of the above applies to your transaction, Water and Drainage Indemnity Insurance can offer a compliant and lender-approved way forward.
