Conversion Building Warranties

Building warranties for conversion and refurbishments are important to protect against defects that may occur within the structure of a newly converted project.

Major structural faults can often be costly to put right, which is why it is vitally important to seek the right advice and obtain the most appropriate insurance. Where a property is being converted for residential use, a conversion warranty is required to satisfy mortgage lenders, who will also insist that a recognised and reputable policy is in place for each newly built property.

For example, if you built a block of flats a few years ago and now wish to sell, the new purchasers’ mortgage lender will require that a suitable structural warranty is in place. Alternatively, if you wish to refinance your existing loan with another provider, the new lender will also require that a warranty be in place.

J3 Advisory is trusted by developers across the UK to source and advise on the most appropriate policies for their clients’ developments. If you wish to speak to an advisor, call us on 020 3096 0718 or fill in our enquiry form online.