Property developers need to wear several hats, and it can be a complex and pressured job at times. From planning and scheduling work to keeping tabs on costs and managing all of the red tape that comes with the territory, there are always lots of demands on the time and attention of property developers. Even more so if there are several projects ongoing at the same time, as is often the case.
A property developer warranty is a structural warranty product that is designed to remove one of the headaches that developers can experience, by ensuring that the right insurance cover is in place for the project so that it can be sold once completed.
At Advantage, we understand the complexities of property development and the problems or delays that sometimes occur during the build process. This makes us ideally placed to offer property developer warranties that will cover the completed property from defects for 10 years after the project is completed. This is the case whether the property is a new-build or whether it’s an existing property that has been extended or significantly renovated.
Property developers choose us for their cover because we:
- Have more than 40 years of experience in the property and development sector
- Have a flexible approach to ensure the right cover
- Have dedicated account managers to ensure consistent, high-level customer service for developers
- Offer policies that are underwritten by leading insurers
This all means that we can often help with complex projects that might not be able to get standard cover elsewhere and we always look for competitively priced options as we understand that development budgets are often tight.
You can contact us to find out more about how we can help property developers with the warranty needed for your project.