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Enhancement to Search Insurance (Auction) Policy 

Upcoming enhancements to CLS Search Insurance (Auction) policy which will come into effect on 29th June 2020. Please see changes outlined below and what it means for you. 

There will be the following changes:

•The product name will change from Search Insurance (Auction) to Search Auction (Validation/Delay).

•It will now allow the Insured to add the policy within the auction pack.

•Any draft policies prior to Sunday 28th June 2020 created but not converted into full policies will be removed from the platform.  New draft policies will have to be created from 29th June.

Enhancements to Chancel Insurance Policies 

We would like to make you aware of an upcoming insurer change for CLS Chancel Insurance policies which will come into effect on 1st July 2020.

Please see details below with what it means for you.

•CLS PI are now able to offer 25, 35 and a perpetuity period of insurance for Chancel Insurance policies with Aviva Insurance Limited.

•Any draft policies prior to Monday 29th June 2020 created but not converted into full policies will be removed from the platform.  New draft policies will have to be created from 1 July.

This month we are focusing on our Portfolio service 

What is it?

Our Portfolio Service provides clients with a way of efficiently managing search orders for multiple properties within a transaction.  We can handle anything from 1 to 100 or 10, 000 properties – or more! 

Our dedicated Managed Services Team will process the orders on your behalf and through Portfolio Manager you are able to view the real time progress of searches, queries and status for all properties in your portfolio.  

Did you know

Typically, this service is used for firms dealing with multiple cases in a single transaction however during recent months we have seen an increase in requests for individual cases to be managed by the team, making time for you to handle other priority work.

How does it work?

Once tmgroup have the list of properties, a quote will be prepared against required searches, once approved, the Managed Services Team will manage the search order process on your behalf.  Everything from preparing the plan, managing queries and chasing the final report is overseen by your dedicated contact in our expert team.  

Who can use the service?

The Portfolio Service can be used for both residential and commercial transactions to order full search bundles, complete a bulk order of Land Registry searches or manage plot sales on a development site.  

How can I keep track of my orders? 

In addition to regular reports from the team, you can monitor progress through Portfolio Manager that will be enabled for you in tmconvey. It provides you with a real time view of the latest status for every case. 

Is there a charge to use the service?

Yes, we charge a processing fee for the service, which varies depending on the type of portfolio undertaken.

Want to know more?  

Please contact your tmgroup account manager or contact us today. 

Reminder

Distribution List - Via Add Recipient you can have up to 5 names selected to receive search results and queries via e-mail

Refresher

Digital mapping now includes Land Registry Freehold and Leasehold data via Data Layers

Our newly launched property channel tm:tv shares useful and informative content for both legal and estate agency sector.

Make sure to follow tm:tv to keep up to date with all the new sessions we are adding all the time! 

Follow tm:tv 

What is coming up next on tm:tv: 

New Build Session

Date - Tuesday 7th July
Time - 11am

Speakers include;

     - Tom Backhouse - COPSO

     - Yanthe Richardson - Foot Anstey.

     - Plus more to be announced shortly

Click here to register - https://zoom.us/meeting/register/tJwlfuytqzIsGNU8J8fgmTEOh6aqjQhitKio

Coming soon

     - The commercial finance session

     - The PI Insurance session

Follow tm:tv to see the sessions announced first

If you want to catch up on any of our previous sessions then you can view them all here – 

View previous tm:tv sessions

Landmark have advised that the following two commercial reports are being decommissioned:  

·       RiskView Commercial and

·       Sitecheck Flood.

Any customers using RiskView Commercial should order Argyll’s SiteSolutions Combined product, which comprises the market leading environmental due-diligence report for the commercial market.

Any customers using Sitecheck Flood, should order Argyll’s FloodSolutions Commercial product, which comprises the market leading flood due-diligence report for the commercial market.

In light of the recent changes to the Law Society’s flood risk practice note, it is important that flood risk analysis for commercial properties be completed by a suitably qualified consultant. Each FloodSolutions Commercial and SiteSolutions Combined report includes an opinion and interpretation of flood data from an experienced IEMA-accredited consultant, advising if a full Flood Risk Assessment is required under the National Planning Policy Framework.

Refresher – adding new users (for administrators only). In system settings, under Users you can Add New. Simple fill in the details and your new user will be added.

Reminder – Coal searches – in addition to the Coal Authority report there are now ones supplied by Terrafirma and Groundsure both approved by the Law Society.

Transport

All services are operating normally at this time  

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