What is Chancel Repair Liability?
Chancel Repair Liability dates back to medieval times, when Churches (or more specifically their Chancel's) were maintained by wealthy land owners. Since medieval times large estates of land, owned by wealthy land owners, have now broken down in to many thousands of privately owned properties, however the potential for Chancel Repair Liabilities has been passed down to successive owners of the land or buildings.
Why is Chancel Repair Liability such a Hot Topic?
Seeing this law as being both outdated and unjust, the Government have intervened and a Transitional Provisions Order was made which came into effect on the 13th October 2003. This order effectively means that ALL chancel repair obligations will cease on the 13th October 2013 unless the chancel of a Church has noted it's interest in a particular property or land with the Land Registry before this date.
Unfortunately this legislation means that the likelyhood of a claim and liability being noted with the Inland Revenue has greatly increased recently as Churches, and their administrators, look to either protect their interests or cash in now on any pre-existing liabilities.
What Is Chancel Repair Indemnity Insurance and how can it help me?
Wether you are aware of an existing Chancel Repair Liability on your property or you want to ensure that should a Chancel Repair Liability come to light in the future, Chancel Repair Indemnity Insurance protects homeowners against the unexpected letter through the letter box as experienced by these surprised home owners in Broadway, Worcestershire. http://www.bbc.co.uk/news/uk-england-hereford-worcester-19068700
For help or advice with Chancel Repair Indemnity Insurance please email us or telephone 01905 21681