Forward Purchasing
The option of 10% deposit paid to Clients up front and 100% guarantee of end sales
 
The addition of Forward Purchasing to funding frees up liquidity. 
The addition of Forward Purchasing to funding and warranties further frees up cash flow 
 
 
 
Latent Defects (Structural Warranty) Insurance
Latent Defects Insurance  provides the developer of a property (and any further 
  owners, as the policy is  transferrable) with protection against unforeseen 
  damage caused by a defect in  the design, workmanship or materials of the 
  project. These policies  typically vary from 10 to 15 years in duration.
All new-build / self-build  residential properties need this cover and will be 
  unable to be mortgaged  without a structural warranty policy in place. We have 
  access to a panel of  financially ‘A’ rated insurers through our partners who can 
  offer developers ‘wholesale’  premiums through our exclusive introduction.
Cover is available for: 
  - New       Builds
 
  - Self       Builds
 
  - Renovations
 
  - Social       Housing
 
  - Commercial       Developments
 
  - Mixed       Use Developments
 
  - Retrospective       Cover
 
  | 
 
 
Retrospective Cover
Required on a residential property which has been built or converted in the last 10 years 
without the benefit of a recognised structural warranty, architect's certificate or builder's guarantee
  
 
 
Insurance Backed Guarantees
An Insurance Backed Guarantee  is a guarantee given by a contractor to provide peace of mind 
  should the contractor cease  trading.
Contractors can offer  guarantees for up to 20 years, but should the contractor close down for 
  whatever reason, the  guarantee becomes worthless. An Insurance Backed Guarantee honours 
  the contractor’s guarantee  for the remainder of the guarantee term.
We have access to a panel of  financially ‘A’ rated insurers through our partners who can offer 
  developers ‘wholesale’  premiums through our exclusive introduction.
 
 
Performance Bonds - Click here for Proposal Form
A performance bond is a  guarantee provided to a client to ensure that the principal 
  (developer / contractor)  delivers goods or performs services in accordance with the 
  terms of the contract i.e.  the correct specification, with the correct materials and 
  within the agreed timescale.
The issuer of the bond, (the  insurance company) will undertake to pay the client a sum 
  of money if the contractor  fails to perform as agreed in accordance with the terms 
  of the contract. Within a  contract, there may be a cascading effect insofar as the contractor 
  may insist upon bonds from  their subcontractors for the same reason as outlined above.
Performance Bonds may be a  requirement of a funder of a development.
 
Guarantee Bond - Click here for Proposal Form
Advance Payment Bond
Bid Bond
Retention Bond
Road & Sewer Bond
Deposit Bond
 
Other Related Cover
Professional Indemnity
Public Liability 
Employer Liability 
Business Asset Insurance 
Fleet Insurance