Insolvent Warranty | Receivership Warranty | GBW

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Insolvency/Receivership Warranty

Following receivership of the development or insolvency of the contractor/developer, an existing warranty is likely to become invalid. To ensure you have got the correct cover to source a buyer, financer or complete the project, contact our friendly team today and one of our experts will be happy to help!

As a specialist independent broker, we are confident in arranging structural warranties/Latent Defect Insurance for distressed sites and developments under receivership.

Key features of a Warranty for LPA Receivers include:

  • Retrospective 10-/12-Year structural warranty from building regulation sign off
  • The premium covers all survey fees and insurance costs as a one off payment
  • Risk transfer for the LPA Receiver
  • Swift survey service and policy implementation
  • Our policies are fully assignable to any future purchaser for the term of the policy
  • UK Finance (previously CML) Approved – Recognised and accepted by mortgage lenders
  • FCA Regulated
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Granite Building Warranties Ltd is an Appointed Representative of Richdale Brokers & Financial Services Ltd which is authorised and regulated by the Financial Conduct Authority.
Granite Building Warranties is a company registered in England and Wales (Company Number 11497543) with its registered office at 1st Floor, 5 Century Court, Tolpits Lane, Watford, WD18 9PX