Conveyancing Liability Solutions Limited (CLS) is pleased to announce the launch of TitleChecker®, an innovative new title interrogation report that examines Land Registry records and the relevant sections of the CML Handbook Part 1 and Part 2. TitleChecker® automates the task of reviewing a title and produces a report to identify elements that require attention or further investigation, in a clear and digestible format.
Each TitleChecker® report includes the Official Copy of Register of Title from the Land Registry (OC1) and initially will be offered free with a ChancelCheck® search until 15th June 2013. TitleChecker® has been developed with the support of the CML to create a unique report that not only aids conveyancers, but assists in fraud prevention for lenders.
Matt Le Breton, Managing Director of CLS said “CLS are delighted to be launching a product that assists conveyancers with title investigation. By reducing the analysis required of title documents, conveyancers can identify and resolve more complicated issues that require their expertise, while assisting lenders in helping to reduce fraud. The market is heavily focused on streamlining processes and minimising risk for both lenders and consumers – TitleChecker® ticks both boxes.”
Where issues are identified and the lender permits them to be resolved through title insurance, TitleChecker® includes a “recommended products” page from CLS’s ConveySure® suite of residential and commercial title insurance policies. Each TitleChecker® also includes a unique Voucher Code which applies a 20% discount to all insurance policies related to that transaction.