Our new home warranties are for housebuilders and developers looking to construct residential housing units to sell.
When property professionals plan to sell newly built units, a new build warranty is essential item for funding, exit and consumer peace of mind. Our expert advisors make it simple for developers and house builders to receive the most competitive market rates, compare providers and understand the cover available, as well as advising on the best fit on a project-by-project basis.
A 10-year warranty on new build homes protects homeowners of newly built, converted or refurbished properties in the first 10 years from structural defects.
As developers look for more creative solutions to help solve the housing crisis, insurers have adapted their policies to cater for varying schemes. Professionals looking to develop mixed-use and/or larger schemes should always look for appropriate advice on what’s available and most suited to them . When it comes to larger builds, it’s even more important to obtain a full market overview.
Key features of a 10-year new build homes warranty:
- 10-to-12-year building warranty cover from building regulation sign off
- Defect periods ranging from zero, one and two-years
- £1000 excess per claim per dwelling
- Assignable Policy
- UK Finance approved, recognised and accepted by mortgage lenders
- Insurance will cover the cost for complete or partial rebuilding in the event of structural failure, including professional fees and demolition
Why choose J3 Advisory?
Keep it simple
We know arranging insurance can be time consuming and sometimes challenging. So we make it simple. We use state-of-the-art technology to collect project information. We then take the time to ensure that we truly understand our clients’ goals and objectives to find them the most appropriate insurance solutions.
While being results driven and providing a fresh approach we also offer the benefits of continuity. We frequently take care of the insurance on multiple schemes with the same client, becoming an extension of their businesses. Clients benefit from our detailed knowledge of their projects, their objectives and a deepening relationship with their people. This evokes confidence not only from our clients but also the insurers and underwriters we place business with.
By truly understanding your goals we can provide objective advice, finding you the best rates for your project and your business. We have access to all A-rated insurance providers across the whole market. We deliver a comprehensive market comparison to find you the most appropriate terms for your project, enabling you to make decisions confidently and swiftly.