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Frequently Asked Questions

  • What benefit is there going to a broker versus going direct to a warranty provider?

    As an independent whole of market broker we can get multiple quotes from different insurers and can choose a specific warranty provider which is best suited for your project.

  • How quickly can you get us a quote?

    We can get same day quotes from several warranty providers insurers.

  • We’ve already been turned down by various insurers can you help?

    Yes. We can provide quotations for all types of projects by packaging your project correctly to the correct warranty insurers as some have different appetites for new business.

  • Is it a major problem that this is our first construction project?

    No it won’t be a problem and we can guide you through the process from beginning to finish as we have decades of industry experience.

  • How Early In A Construction Project Should We Be Getting A Warranty Quote?

    As early as possible. A structural warranty quotation should be arranged several weeks before your initial notice is submitted to the council.

  • What Documents Do I Typically Need To Provide To Get A Quote?

    To obtain a quotation on a New Build you may require these documents: Planning Application, Architectural Plans & Elevations, Structural Calculations (if they are ready), Ground investigation report, Topographical survey, structural survey/building control certificate.

  • What Parts Of The Country Can You Provide Cover For?

    We can obtain cover Nationwide including all parts of the British Isles.

  • Are There Any Construction Projects You Can't Help With?

    No. We can cover obtain all types of cover for residential and commercial projects.

  • Which Building Projects Require Warranties By Law?

    Developers are required to provide them but self builds are not obliged to provide one however it is advisable - especially for resale purposes.

  • Why Is Retrospective Cover Hard to Find?

    It is not necessarily hard to find it is just some insurers will not provide it due to it not being inspected for warrant purposes from the start of a project and it is higher risk. We have plenty of experience in successfully helping to place retrospective cover.

  • When and why would a PCC be suitable vs. a full building warranty?

    A Professional Consultant’s Certificate (PCC) is suitable when the client may not have funds to get a full 10yr retrospective warranty and if the lender for the buyer will accept a PCC. This will only protect them against the design & build aspect with a PCC. It won't protect against poor workmanship faulty building materials and everything else a full warranty will provider cover for.

  • What's the difference between a "rated" and "un-rated" insurer?

    A rated insurer will be a UK based insurer which has achieved a rating from the authorised bodies and un-rated is generally an offshore insurer.

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Our Offices

SGS
Po Box 565
Guernsey
GY1 6JW

Tel: 01481 711611

Finance Delta
105 Farringdon Road
London
EC1R 3BU

Tel: 0207 566 0044

Email: sales@latentdefects.co.uk

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Finance Delta Ltd is authorised and regulated by the Financial Conduct Authority FRN 912378.

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