Had a few enquiries this week from developers who are converting existing structures, including offices and barns into residential dwellings—but one that stood out was a developer that’s splitting an existing house into multiple flats—only to find out their development finance lender requires a 10-year structural warranty before releasing funds... Many assume that “New Build Warranties” only apply to brand-new buildings, but that’s not the case! If a project involves significant structural work and/or the creation of new residential dwellings (even converting a house into flats), you are likely to need this cover. If you're unsure what insurances your project requires, please reach out for a free, no-obligation chat—I'm always happy to help. Antoni 07586 645820 @Bridge Insurance Brokers

Posted by Antoni J Kaminski at 2025-02-12 17:32:56 UTC