Restrictive Covenant Indemnity Insurance

Town & Village Green Insurance

In what circumstances is cover required?

Where a developer believes that there may be an attempt to block a development based upon an assertion that open land has been used as a Town & Village Green for lawful sports and pastimes (including recreation e.g. as a playing field, for dog-walking, blackberrying etc.), for at least 20 years by a significant number of the inhabitants of any locality or of any neighbourhood.

Product Features:

Risks covered: loss of the value of land and development profit and other costs and expenses.

Information needed:

  • Property address
  • Property value (or developed value in the event that development is to take place)
  • Use of the Property (both current and intended (if a change of use or development is intended)
  • Details of why it is believed registration may be sought
  • Details of any communications with third parties

 

For further information about Town & Village Green Registration indemnity insurance or to get a quote, call our team on 0345 557 0845  or 01293 880700 or email us at enquiries@lawsureinsurance.co.uk