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The market has become a crowded and potentially overwhelming landscape over the last five years. With new entrants into the market & some notable providers choosing to exit, the need for independent, impartial and connected advice is now a necessity for property professionals.
We see our role as an independent partner. We source the most competitive quotes and policies from all the major building warranty providers to ensure our clients get the most suitable policy for projects at the most competitive price every time.
As an independent warranty provider, we source the most competitive quotes and policies from all the major building warranty providers to ensure our clients get the most suitable policy for projects at the most competitive price every time.
Summary of structural defects warranties we can secure
New Homes Warranty: A 10-year insurance policy that protects the builder or owners against major structural damage.
Social Housing Warranty: A 12 years’ Structural Warranty cover suitable for regeneration projects and other mixed-use projects.
Self-Build Warranty: A Self-Build Warranty is primarily for people building their dream home
Completed Housing Warranty: Provides cover on completed properties which do not already have a warranty in place.
Commercial Warranty: Insurance that protects owners and developers of commercial sites against structural defects.
Conversion Warranty: Warranties for conversions and refurbishments protect against latent defects that may occur within the structure of a newly converted project.
10 Year Structural Warranty Insurance
If your company owns, develops, designs, builds, leases or advises on commercial or residential property then you should be aware of the existence, requirement for and benefits of a Structural warranty.
Structural Warranties are also sometimes referred to as Structural Defects Insurance, Self-Build Insurance, Building Warranties and Construction Insurance.
10-year Structural Warranty – What’s covered?
A Structural Building Warranty covers the costs of repairing or reinstating a property due to faults in the design, workmanship, materials, supervision, construction, installation or site preparation of a new building that remain undiscovered at the date of practical completion, but come to light afterwards by virtue of physical/major damage
10-year Structural Warranty – When is it required?
- New and newly converted homes for: sale, shared ownership, private rent, social rent, built under contract
- Self-build properties
- Any change of use
- Refurbishments involving structural work
- Part-complete / repossessed developments
- Completed projects
- Contaminated sites
- Large mixed-use commercial and mixed tenure structures
If you are unsure or would like a consultation regarding your structural warranty insurance, feel free to get in touch with a member of our team.
10 Year Structural Warranty Insurance
It is always more cost-effective to take out insurance at the start of the project. Your warranty could very well become more expensive the longer you wait. Rather than incurring higher surveyor fees, it is more cost-efficient to get each stage of the project signed off as it happens.
BuildSafe is a client-led team of experts who take the stress out of searching for building warranty products by offering an independent, clear view of the market. Our Consultants specialise in finding bespoke solutions for your project needs and work to provide the best independent advice possible. We regularly work with developers on project values ranging from £200,000 to £100,000,000 and our team has a wealth of experience in all types of development projects.
Call us today on 020 3701 0422 to find out more or select the appropriate warranty for your build below.