Private Rental Select has been designed to cover multiple units typically found in a build-to-rent scheme. As developer or investor, you benefit from
- Simpler administration with just one policy covering the entire scheme
- Full risk transfer from Day 1, avoiding the need for complex indemnity agreements
- The ability to sell all or any part of the development after two years, with warranty balance transferring to new owners
- Variable excesses for reduced premiums
- Transfer fees provided up front so you can plan ahead: no transfer, no fee
Similar to LABC Warranty's range of cover options, Private Rental Select includes:
- Cover for 10 or 12 years, backed by A-rated insurers for peace of mind
- Electrical and mechanical installation cover for 10 or 12 years from completion (up to a development value of £25m)
- Continuous structure limits of up to £25m for new-builds, with higher limits available on request, and £5m for conversions
- Contaminated land, alternative accommodation, additional fees and debris removal
The headline and subheader tells us what you're offering, and the form header closes the deal. Over here you can explain why your offer is so great it's worth filling out a form for.
Remember:
MD Insurance Services Ltd. is the scheme
administrator for LABC Warranty and is
authorised and regulated by the Financial
Conduct Authority.
Registered in England No: 3642459
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