Tomorrow, the Onshore Wind Conference returns to Edinburgh, and our Scottish and Northern Ireland team is looking forward to seeing what's new. We're delighted that Laura Lapsley, Kirsty Noble, and our resident energy expert, Nicola McCluskie will be in attendance. With so many new developments in the sector, it's sure to be a highlight in the event calendar this year! We're looking forward to connecting with everyone there, see you in Edinburgh! #OnshoreWind #RenewableEnergy #ScottishRenewables #EnergyFuture
Westcor International
Insurance
London, Greater London 1,297 followers
Title insurance is boring, we're not!
About us
Westcor International Limited is a niche practice title insurance agency operating in the UK and Ireland.
- Website
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http://www.westcorintl.com
External link for Westcor International
- Industry
- Insurance
- Company size
- 11-50 employees
- Headquarters
- London, Greater London
- Type
- Privately Held
- Founded
- 1994
- Specialties
- Title Insurance, Legal Indemnities, Defective Title Insurance, Conveyancing, Bespoke Insurance Products, mortgage lending, conveyancing risk management, Property Portfolios, Distressed Assets, and Secured Lending
Locations
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Primary
Get directions
Cannon Green
27 Bush Lane
London, Greater London EC4R 0AA, GB
Employees at Westcor International
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Nicola McCluskie
Senior Corporate Development Underwriter & Solicitor - Experienced Solicitor and Underwriter specialising in Real Estate related title risks with a…
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Thomas Dowling
Corporate Development Manager
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Laura Lapsley
Senior Underwriter at Westcor International
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David Page
Head of Rights to Light and Specialist Risk at Westcor International
Updates
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The newest member of our team, Thomas Dowling, has shared his insights on the Irish mortgage market. In a market where rapid approval is crucial, the often-overlooked closing process can cause significant stress for buyers. Tom explains why the current system faces delays and how our Perfect Title Policy can streamline the process. The reality of loan processing often extends to 3-4 months, despite promises of 6-8 weeks. In comparison, the Eurozone averages 30-60 days for closures. The Perfect Title policy can facilitate faster closings, better protection, and quicker investment returns. Read more in our latest article - https://lnkd.in/d6dewY8S #Mortgage #RealEstate #IrishProperty #MortgageClosure #TitleInsurance
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We're excited to announce that our Scottish and N. Ireland team will be attending the upcoming Onshore Wind Conference 2024 in Edinburgh on 3rd and 4th September. Laura Lapsley, Kirsty Noble, and resident energy expert, Nicola McCluskie will join industry leaders for an event that is sure to shape the future of onshore wind. It's always a highlight of the calendar year, and with all the recent developments in the sector it's an unmissable event. See you there! #OnshoreWind #RenewableEnergy #ScottishRenewables #EnergyFuture
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As the new Government intensifies its efforts to transition to sustainable energy resources, ground source heat pumps (GSHPs) are likely to become the norm over gas boilers, harnessing the earth's natural heat to provide efficient and eco-friendly heating and cooling solutions. Discover the benefits that GSHP's can offer and the associated title risks in Nicola McCluskie's latest article, along with the crucial role title insurance plays in ensuring a smooth transition to sustainable energy. https://lnkd.in/e_cDXBUe #SustainableEnergy #GroundSourceHeatPumps #TitleInsurance #RenewableEnergy
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Following our partnership with Allica Bank in July, we’re delighted to see their first Perfect Title transaction completed within just the first month! It’s clear that Allica Bank shares our commitment to enhancing the property transaction process, and it's fantastic to see this collaboration already making a positive impact. All of us at Westcor are confident that it will be the first of many successes in our partnership. #TitleIndemnity #TitleInsurance #CommercialMortgages
Title indemnity has taken off! Delighted to have completed on our first Allica Bank Title Indemnity transaction in July, less than a month after launching it into our commercial mortgage offer letters. Our Gold Medal Winning team to get this first deal completed, a £650k capital raise were Stephen Sisson RM for midlands, supported on the deal by Stuart Furlong and Primesh Patel. Lawrence Molloy and Jennie Curtis from Lawrence Stephens applied the policy swiftly, knowing the value it could give on this transaction which involved a change in corporate structure and trustee arrangements, new leases drawn as well as some capital raising. The transaction moved in stages, but title indemnity helped accelerate the property due diligence and refinance greatly. I wasn't sure if we'd get a drawdown using Title Indemnity in the same month it was launched but the team didn't let me down! This case highlights how well this new enhancement compliments the speed of journey we can apply at the start of transactions. Aside from title indemnity launching it was GREAT to see us draw a relatively straightforward refinance/capital raise against a mix use asset for a client of one of our valued brokerages Sedulo Funding Solutions nice and quickly in July, following the full due diligence process. A £330K deal offered and drawn in 34 days :-) with application in to completion only taking 6 weeks. This deal was led by Stephen Spinks, supported by Rupesh Parmar in operations, currently taking some well deserved time off for his wedding, and Tom Carlton-Ashton in underwriting. Lester Aldridge worked on this case for us, and the good day to day relationships we have with them, alongside a motivated client and legal team made the deal run smoothly and draw in just over a month from initial offer to funds paid. I expect plenty more success stories in the future weeks, we are already working on some large portfolio deals coming in that will be backed by title indemnity, as well as continuing to develop further initiatives to shave time off our completion cycle times. Please reachout if you want to know more, to me, or our superb team here at Allica! #commerciallending #commercialfinance Stephen Spinks Charissa Chang Michael Mann Andy Castle John Harrison Tom Easton Matt West Luke Veale Eugene Vichare Steven Smillie Sarah Sargeant Gemma Finlayson Joanne Hitchborn Duke Dadzie
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Legal language and title agreements should be crystal clear, but as highlighted in two recent cases, ambiguity often leads to significant concerns. In two insightful articles by Ben Baker and Aisling Monahan, we recently explored the repercussions of ambiguous legal language and how title insurance can help mitigate these risks. If you missed them, they’re definitely worth a read: Restrictive Covenants in Commercial Leases: Discover the complexities of navigating restrictive covenants in commercial leases and the importance of precise definitions in legal agreements. https://lnkd.in/eMtssHbd When is Salt Really a Metal?: Explore how ambiguous terms can create legal disputes and the critical need for precision in legal documents https://lnkd.in/egQU4K7m. #TitleInsurance #LegalCases #Covenants
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In an exciting development for our Republic of Ireland team, we are delighted to welcome Thomas Dowling to the Westcor team! With over two decades of invaluable experience in the financial services and property sectors, Tom will play a key role in expanding our presence in the Irish market. Tom is sure to be a valuable addition to the team and is poised to deliver on our ambitious growth targets over the coming months, please do join us in welcoming him to Westcor! https://lnkd.in/gwbgHAMb #TitleInsurance #Ireland
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We are absolutely delighted to inform you that Caroline Tait (LLB), Westcor's talented Claims Manager has been shortlisted for Insurance Claims Manager of the Year by Insurance Post! Thank you to the judges for this incredible recognition and we are very much looking forward to the ultimate result. Congratulations to all those shortlisted in this year's Claims & Fraud Awards 2024 and especially those in this star-studded category ⭐ Craig Ashcroft, Arch Insurance Group Inc. Martin Clancy, Zurich Insurance Gareth Davies, Allianz Commercial Suzanne O’Donoghue, Zurich Insurance Carl Mather, AVIVA UKGI INVESTMENTS LIMITED Simon Radcliffe, Liberty Global Transaction Solutions https://lnkd.in/dDQWqW92 #insurancepostawards #claimsandfraudawards2024
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Curious about the latest Rights of Access developments? Laura Lapsley's got you covered. The recent Urquhart v J. Rhind & Co. demonstrates key insights into servitude rights and inherent access for landlocked properties. We've explored the court's stance on positive prescription and inherent necessity, and how access rights can impact property development and ownership. It will be interesting to see how this case could influence future disputes. https://lnkd.in/eCiy3Wjm #PropertyLaw #ScottishLaw #RightsofAccess #Servitude
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Yesterday we had #DogsAtPollingStations, and today we thought you might need something lighter for your news feed, and much cuter... Introducing the dogs of Westcor! At Westcor, many of our team work from both home and the office, and when they don't have the company of our team, some have a four-legged work mate. Swipe through to meet some of our favourite canine friends owned by Caroline Tait (LLB), Kirsty Noble, Laura Lapsley, Aisling Monahan and Nicola McCluskie. Do you bring your dog to work? Share a picture of your office pup in the comments below or tag us using #Westpaw!