Building conversions as we know are often difficult to complete, frequently with costs spiralling as unknown defects surface. Good and correct investigation can reduce the unknown, however we often see work proposed with minimal investigation or inappropriate investigations employed, based on a standard approach.
Just as standard household insurance protects the contents of your home, a structural warranty, also known as a latent defects warranty, protects the building structure against damage caused by defects in design, workmanship or materials to the structure or the waterproof envelope. This type of insurance is not only a mortgage lender requirement, but it also gives you peace of mind as your project progresses. Rob Clay-Parker, Managing Director for Premier Guarantee Surveyors, details some of the common areas of claims to watch out for.
