New Home Warranty

If you are about to start a development, then it is essential you have a 10 year structural warranty in place before you start construction.  This cover is also referred to as Latent Defect insurance and is an essential mortgage lender requirement when you come to sell the property.  The key features of a new build warranty include:

• 10 to 12 year building warranty cover from building regulation sign off
• The premium covers all survey fees and insurance costs as a one off payment
• One to two year defects period
• £1000 excess per claim per dwelling
• Insurance will cover the cost for a complete or partial rebuilding in the event of structural failure, including professional fees and demolition.
• Assignable policy
• CML Approved – Recognised and accepted by mortgage lenders