News & Blog
Key Benefits of Performance Bonds
Performance Bonds have become a key part of a developers risk management strategy The current market conditions have many construction firms considering their risk management strategy. A performance bond is a surety bond issued by an insurance company (or in some...
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Latent Defect Insurance for Commercial Developments
Taking out Commercial Latent Defects Insurance from new build warranty providers alongside a Collateral Warranty makes a lot of commercial sense in the current climate. A Latent Defect is a defect that appears in a building after it has been completed and that is not...
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Why Choose BuildSafe for Your Building Warranty Insurance Needs?
BuildSafe is the largest specialist broker for Building Warranty insurance and has a wealth of experience in the UK property sector having worked with and on behalf of major developers and global institutions including Royalton Group, Investec & Harcourt. We have...
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Development Finance & Building Warranties: Getting the Right Package
Purchasing a structural warranty (also known as a building warranty) has become a market standard for Developers engaging in a new build housing scheme. Not only does this form of new build insurance offer piece of mind for new home owners, it is often a fundamental...
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Barn Conversion Warranty
There have been occasions where we have recommended professional consultant’s certificate as a more suitable solution to a barn conversion warranty. There are instances where insurers view barn conversions as a ‘higher risk’ or in extreme circumstances, will not offer...
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3 Signs you need help getting the right insurance for you.
As the largest specialist broker in the insurance market, we can scour the market for you, looking for the right structural warranty insurance to suit your situation. Here are a few signs that you probably need our help! It has been insisted that you give bond/escrow,...
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New Home Warranty Cover Case Study: Conversion of 9 agricultural barns into dwellings (West Chevington Farm)
New Home Warranty Cover Buildsafe advised and helped procure a New Home warranty for the conversion of 9 agricultural barns to habitable dwellings. This insurance is provided in order to allow developers to sell or refinance the project upon completion & covers...
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3 Factors that influence the cost of Building Warranties
Building Warranties are often perceived as a necessary evil - while procuring a warranty for your development isn’t mandatory, all lenders will require one. In addition, you may have problems selling a house that is less than ten years old if it doesn’t have a...
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What Causes Structural Damage?
Structural damage is damage to the main structure or any component designed to provide structural integrity of the construction. Primary causes of structural defects include:- Workmanship – With around 70% of matters involving water/plumbing issues, this is the reason...
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