Latent Defects Insurance is a type of cover for new build Commercial and Residential premises and is also known as New Home Warranties.
At Allsop Commercial Services, we understand the critical role latent defects insurance plays in the success of your construction projects.
These unforeseen defects that appear after completion can be incredibly disruptive and costly. Our comprehensive latent defects insurance solutions offer peace of mind and safeguard your projects from unexpected financial burdens.
The Council of Mortgage Lenders requires you to have this type of insurance for all new build residential open market sales. It covers defects which appear within the structure after practical completion.
These can be failures in design, build or materials during construction and they may not be detected until years after the initial completion date. Latent Defects Insurance offers protection to homeowners for what can be very costly issues to rectify with their home.
What Latent Defect Insurance Cover Is Available?
We can accommodate the following types of risks:
- Commercial buildings
- Residential buildings
- New Builds
- Renovations
- Conversions, extensions and Refurbishments
- Grade 1, 2 Listed Buildings and Hotels
- Permitted Developments
For a comprehensive quote, please fill out our web form or call our office to discuss your needs with an experienced member of our commercial team telephone: 01427 671 606.
