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Self-Build Zone
- | Finance, Insurance, Mortgages
Site Insurance
Site Insurance is of fundamental importance when investing your money into
property development especially as the sums are almost always five or six
figures.
Whether your project is a Conversion, Renovation, Extension or a New Build you
will invariably need comprehensive protection for the new works, existing
structure (if there is one) and the rest of the site.
You must protect the existing structure and all the new work against such
losses as fire, theft, flood, storm damage, vandalism and accidental damage.
Do not just rely on your standard building insurance to cover the cost of any
loss as, more often than not, they will not pay out on a loss involving a
property under development.
Structural Warranty
Self-Build Zone Warranty and provides a much better alternative to Architect's
Certification and is similar to NHBC and other Structural Warranty
products. It is specifically designed for New Build, Conversions,
Extensions and Completed Properties and is backed by Lloyd's of London. Apart
from the peace of mind you gain by having the Self-Build Zone Structural
Warranty, most Lenders will probably require a warranty as part of the lending
criteria. Useful also if your circumstances change and you need to sell
the property in the next 10 years you will find it likely that your prospective
purchaser's Lender will require a structural warranty on the property before
releasing any money.
Do not rely on an Architect's Certificate as this will only provide cover in
the event of you are able to establish negligence by the architect, which will
be covered under their Professional Indemnity Insurance but only for a period
of 6 years and it will not cover workmanship or defective materials. The
Build-Zone Warranty applies for a period of 10 years and will respond straight
away as a 'prime' policy and the insurers will then take on recovery action
against those responsible.
We will be doing a masterclass on the Do's and Don'ts of a self-build and how
to protect your project from the start.
Address
Sennocke International Insurance Services Limited T/aSevenoaks
TN13 1XR
United Kingdom
Contact Exhibitor
Products
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With some structural problems taking years to show and potentially costing hundreds of thousands of pounds to repair, you need a self-build warranty you can trust. Our award-winning 10-year structural ... -
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Self-Build Site Insurance is a specialist policy designed to protect your building project from the moment you purchase the plot, right through construction, and until the home is complete and ready t ...
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