Another mortgage lender ‘Barclays Bank’ also accepts our ABC+ Warranty especially for newly built and converted dwellings.
Following the announcement of Bankruptcy of Alpha Insurance our ABC+ Warranty is attracting a lot of attention. We can help you to replace your Warranty underwritten by Alpha Insurance! In fact, there is no need to shop around as we guarantee to beat anyone else’s prices.
Construction Summit 2018 ABC+ Warranty explaining the benefits
Our cost effective 10 Year Structural Warranty is now widely accepted by banks and building societies.
For many years, the well known Warranty Giants have had the monopoly within the construction market, as a result, they were able to charge extortionate fees and then exclude many components of the property. In fact their Warranty certificate probably wasn’t worth the paper it was written on…
We believe it shouldn’t cost you the earth to build your home!
That’s why our ABC+ Warranty has NO membership fees/ NO renewal fees/NO holding bonds required and best of all we promise to beat any quotation you may have already received.
We also provide Building Control/ Road Bonds/ Contractor Performance Bonds and CML Certificates.
ABC+ Warranty meets the governments Help to Buy criteria and is fit for Housing Associations, self builders and the larger developer.
Our certificates can be issued in minutes with full access to your inspection reports. It’s as easy as.. ABC+ Approved Building Certificates
The CML, ABFA, BBA, CML, FFA, Payments UK and UK Cards have now been merged into one group and are to be known as UK Finance. The CML Mortgage Lenders Handbook will now be known as UK Finance Mortgage Lenders Handbook.
Banks and building societies together with conveyancing solicitors should read up on the following information from the CML.
UK Construction industry- Government figures show a slow start to the year with lending and transactions both in line with 12 month averages. A recent survey carried out by the Royal Institution of Chartered Surveyors expects much of the same going forward. The report noted that there continues to be a fall in the number of properties coming onto the market, as July marked 17 consecutive months where this measure was falling.
Lloyds banking group are raising the standards to adopt the RICS standard of surveying.This is great news for Architects Certificate who offer both types of Warranty certification for new homes. Architects Certificate have held this high level of qualification since 1989. Hand picking only the best Surveying team of RICS professionals. Not everyone will be happy with this news however, for the likes of larger well known Warranty providers whose ‘inspectors’ rather than ‘Surveyors’ are typically qualified to only a BSc in construction standard. That could be the reason why so many other Warranty providers are experiencing high levels of claims recently.