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Warranties for Insolvency/Receivership Properties

The Receivership market for residential property is still active and without a 10 Year Warranty the homes will be almost impossible to sell unless the buyers are all paying with cash. We can arrange a warranty specifically for the insolvency practitioner which is fully assignable at the point of sale, providing a comprehensive 10-Year Warranty product and enabling a sale.

Key features of a Structural Warranty for LPA Receivers

  • 10-Year Structural Warranty from Building Regulation Sign Off
  • Cover for a wide range of structural defects
  • 100% risk transfer for the LPA Receiver or Administrator
  • Comprehensive claims service direct to the new home owner
  • Competitive premiums
  • Cover available for completed, part-completed and individual units in apartment blocks

The Process

  1. Request Completed Housing quotes from Evolution
  2. Comparable market quotations provided
  3. Payment of survey fees and deposit premium
  4. Full building survey and review of plans (if applicable)
  5. Remediation Notice issued, defects can be remediated or excluded
  6. Policy issued on whole site or individual units subject to approved building regulations being signed off

Get a quote now

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