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