Construction warranty cover is a vital aspect of risk management for everyone involved in a construction project, offering peace of mind to homeowners and developers alike. Build Warranty Group, known for its robust coverage and exceptional service, has earned the top spot in the UK structural warranties market and has been awarded Best Financial Risk Assessment Solutions Company 2024.
Structural warranties for UK homes are indispensable products for anyone involved in property construction. Finding the right warranty provider can be challenging but Build Warranty has proven to be an invaluable partner throughout the residential and commercial construction process—and long after it’s completed. The company combines competitive pricing with unparalleled customer service, assigning a knowledgeable account manager to every client for personalised, one-to-one support.
Build Warranty makes securing structural warranties a straightforward and seamless experience. Their team delivers quotes promptly, fully understanding the time-sensitive and budget-conscious nature of building and construction insurance. Clients also benefit from free technical support. From the very first point of contact, clients are supported, prioritised, and kept thoroughly informed.
“At Build Warranty Group, we take pride in our ability to combine top-tier service with unbeatable value.”
As an industry pioneer committed to customer convenience, Build Warranty offers its products through LDI Tech®, a proprietary risk management platform that provides seamless, real-time connectivity between customers, surveyors, and the office. This innovative solution integrates a suite of apps and portals, streamlining the audit process for maximum risk management control. LDI Tech® is the first fully integrated system of its kind, offering an unprecedented level of efficiency and service in the structural warranty industry.
Among its flagship products, Latent Defects Insurance (LDI) provides property owners and developers with comprehensive protection against inherent or latent building defects. Cover spans 10 or 12 years from the issuance of the final certificate of practical completion, making it suitable for anyone with an interest in the property. This includes owners, developers, funders, or incoming tenants obligated to repair under their lease terms.
LDI cover safeguards against structural issues that aren’t immediately evident and those arising from the construction process, design flaws, or material defects. Eligible properties range from commercial and residential projects to renovations, extensions, and self-builds. The scope of properties that Latent Defect Insurance can cover is vast, and it’s best secured before construction begins for the most competitive premiums. Even large-scale projects like high-rise developments and commercial complexes can be covered through Build Warranty’s high-value scheme.
“At Build Warranty, our commitment to securing your projects goes beyond mere protection. We understand the critical role of Latent Defects Insurance in safeguarding your investments and ensuring long-term structural integrity. Through our robust technical audit process, expert guidance, and comprehensive coverage, we aim to be your trusted partner in building a secure future. With Build Warranty, the tedious process traditionally associated with warranty providers is a thing of the past. This is why so many developers and builders are switching to Build Warranty.”
In line with its commitment to client service, Build Warranty caters to a range of budgets, offering an affordable alternative to Latent Defect Insurance in its Professional Consultants Certificate (PCC). Also known as an Architect Certificate, this compliance document ensures that a building meets approved standards, providing 6 to 10 years of cover endorsed by the Council of Mortgage Lenders, now known as UK Finance. With a PCC in place, lenders, buyers, and tenants can be confident in the property’s structural integrity, all at minimal cost to the certificate purchaser.
Issuing a PCC is a straightforward process: Build Warranty reviews project documents, arranges a site inspection, and upon approval from its chartered professionals, typically issues the certificate within 24 hours. One satisfied client shared their experience: “We contacted Build Warranty for cover on our project, a two-unit barn conversion. I found Build Warranty to be incredibly helpful and informative. The staff were efficient, provided sound advice, and offered a quick response. Excellent customer care and great pricing.”
Amid concerns over the shrinking capacity of Latent Defect Insurance in the market, Build Warranty stands as a pillar of the industry in the UK. As other insurers withdraw, potential customers are left with limited options to secure their projects, putting them in precarious positions. By offering comprehensive cover from a range of insurers combined with unrivalled service, Build Warranty leads the market, providing UK construction projects with essential risk management solutions. Thanks to strategic partnerships and a reliable flagship product, the company has solidified its place and continues to protect the interests of property owners and developers nationwide.
Despite its already cutting-edge offerings, exciting developments are on the horizon for Build Warranty Group. The company continuously embraces the latest technology and has built a foundation primed for business growth. With ongoing advancements in its IT solutions, Build Warranty remains at the forefront of efficient processing, enhanced customer engagement, and advanced risk management procedures.
“Build Warranty’s collaboration with Microsoft ensures that the company remains at the cutting edge of technology, evolving alongside the world’s largest software organisation. Build Warranty is currently working on several automation projects designed to enhance the customer experience, boost efficiency, and minimise the risk of human error.”
Under the leadership of CEO Andrew Dyson, whose construction industry experience dates back to 2007, the team at Build Warranty brings together a wealth of knowledge spanning various industry niches. From Latent Defect Insurance specialists and chartered engineers to surveyors and risk management professionals, the staff at Build Warranty boasts a multifaceted collective expertise. When asked to share advice for budding small to medium enterprises, the team emphasises the importance of “planning and dedication” to a healthy business, as well as opportunism and adaptability. Andrew adds, “Never give up. Business is about problem-solving, focusing on solutions, and learning from mistakes. And never settle for second best.”
Winning the Best Financial Risk Assessment Solutions Company 2024 award is just the latest in a series of successes for Build Warranty. The company looks forward to continuing to serve the construction insurance needs of interested parties throughout the UK, combining exceptional customer service, cutting-edge software tools, value for money, and a diverse range of products. As properties are built and renovated across the UK, many will stand tall, thanks in part to the assurances provided by Build Warranty Group.
For business enquiries, contact Connor Edmunds from Build Warranty Group via email – i[email protected] or on their website – www.buildwarranty.co.uk
Telephone: +44 2039 665 409
