All your questions answered

FAQs

What is a building warranty?

  • A building warranty is an insurance product which pays for the cost of rectifying defects to the building which are covered under the policy.
  • A building warranty is a Latent Defects policy.

 

How long does a warranty last?

  • 10 years from Building Regulation Completion notice, but some policies may be 12 years.

 

Why buy a warranty?

  • Peace of mind. A warranty adds value and saleability to property assets by reducing uncertainty of costs.

 

Mortgage Lender Requirement
  • All the mainstream mortgage lenders require a structural warranty to be available when a property is sold at less than 10 years old.
How do I obtain a 10 year warranty?
  • We use a very simple 7 step application process:
  1. Initial enquiry and registration
  2. Written quotation for 10 Year Warranty
  3. Payment of all survey fees
  4. Structural Survey/Technical Audit
  5. Confirmation of terms of warranty and advice of any remedial works
  6. Payment of policy premium
  7. Policy implementation

 

How long will it take to get a warranty?

For New Housing

  • The properties are monitored throughout the build process and the warranty is available at practical completion.

For Completed Housing

  • On average 15 working days from initial enquiry to implementation of the policy.