> First Title's Residential Loan Protection Policy not only gives you protection beyond that given by a solicitor's certificate, it can also remove barriers and make your client's home refinancing safe and easy.

> Why would a lender accept a Title Insurance policy instead of a solicitor's certificate?
> Will the title insurance policy cover all the things contained in a Solicitor's certificate?
> Can a lender insure a pool of existing mortgages it is purchasing?
> Can we insure our mortgages when refinancing?
> Will a title insurance policy guarantee enforceability of a mortgage?
> Will a title insurance policy cover any loss on sale if there is a defect in the property?
> What will the title insurer do to ensure I get a registered mortgage?

New Zealand is one of the few countries in the world where lenders customarily instruct the borrower's lawyer to act in a potential conflict of interest. By and large it has worked well, thanks to a competent and well-regulated legal profession.

But most lenders will have experienced problems in chasing up delinquent registration. Often it's not the lawyers fault and other circumstances have intervened to prevent or delay registration. Even if the lawyer is at fault a lender still has to prove negligence and not all lawyers in New Zealand carry professional indemnity insurance.

If the loan is title insured and registration is delayed for whatever reason – it's not the lender's problem. The insurer covers the cost and takes the responsibility for chasing it delinquent registration so the lender can get on with developing its business. If registration can’t be achieved for any reason - its not the lender's problem.

> How will the changes to the Law Practitioner's Act affect a title insured lender?
> How does title insurance cover fit in with Lender's Mortgage Insurance?
> What are the risks covered?