Buildsafe the Leading Independent Building warranty provider and Regentsmead the Award Winning Development finance lender have joined forces to provide this warranty quotation calculator so you can find out how much your warranty is likely to cost for your project.
Regentsmead understand the benefit of a truly independent provider such as Buildsafe, they will search the whole market and then recommend the best warranty product available for each individual project and client.
Buildsafe have enjoyed working in tandem with Regentsmead for a number of years due to their outstanding levels of customer service and their speed of delivery, both of which are essential to the modern developer.
Building warranties are insurance policies that provide the residential home or commercial building with a 10 year structural latent defects guarantee in the event of building damage or failure due to build & design inefficiencies. Building warranty products offer to repair or replace parts of the building that do not perform or function properly or to regulation standards because of a latent defect
There are numerous forms of residential and commercial cover including new homes and conversion / refurbishment housing warranties, completed housing warranties, self-build warranties, commercial property warranties along with more specialist warranties for insolvencies and social housing.
Residential warranties are provided to new homes, conversions and major refurbishments. There are different rules surrounding warranties and it is a good idea to speak to an expert who can give you confirmation of whether your project requires a warranty.
If your purchaser is raising a mortgage against the property that you have built, the Bank will insist that there is a warranty in place due to building warranty requirements. If you do not have one, it is very difficult to sell the unit.