Have a look at some other threads in here
The factors involved in buying/selling bikes in various European countries have been explored in some of the other threads in this section for Trip Paperwork, and there is even a specific sticky thread about the UK.
Just about every European country has it's own idiosyncracies, but the UK tends to have the most flexibility in registering the individual's "right to call a machine your own".
(the UK paperwork, known as a V5c, is not proof of ownership).
Strangely enough, each and every country of Europe is still sovereign with it's own interpretations of various EU regulations that have been introduced over the past 40 years.
Insurance is a different matter all together; therein, you are in the hands of the intermediaries - the brokers, the underwriters and their business practices - and other factors such as government legislation and risk assessment.
On that basis, expectations of "comprehensive" insurance are unrealistic, unless bought at very great cost from someone who has not assessed the risk fully; personally, I haven't heard of anyone who indulges themselves in the latter.
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Dave
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