Do You Want To Make Sure Your New Mortgage is Approved? Don't Forget About 10 Year Structural Insur by Sonia Allende Garcia


Do You Want To Make Sure Your New Mortgage is Approved? Don't Forget About 10 Year Structural Insur by SONIA ALLENDE GARCIA
Article Posted: 08/14/2013
Article Views: 381
Articles Written: 16 - MORE ARTICLES FROM THIS AUTHOR
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Do You Want To Make Sure Your New Mortgage is Approved? Don't Forget About 10 Year Structural Insur

Insurance,Construction,UK Property Investment

Are you in the process of building your dream home? Self-builds are very exciting to potential home owners because they have full control over the design and construction of their new house. But, in order to secure the mortgage, you must first consider certain types of insurance – one important type is 10-year structural insurance. What is 10-Year Structural Insurance? There are in fact several types of structural insurance to consider before deciding on only one structural insurance policy. However, it is important to point out, exactly what a 10 year structural insurance policy covers, and underline its importance, especially in a new build. Structural insurance provides home owners or building owners with piece of mind during the construction stage of the build. Imagine for one moment that something completely out of your hands happens to the property or building structure; such as fire, major theft or other elements like weather, which is obviously completely out of your hands – the costs from such losses can be absolutely devastating. Even worse, costs that can set you back, resulting in yourself build being put on hiatus. The fact of the matter is all lenders insist on building insurance or 10 year structural insurance policies before they will even glance at your application. Structural insurance gives you piece of mind during the building process; you can take comfort in the knowledge that you are in fact covered against all horrible circumstances as mentioned above. This type of insurance offers quite a bit of protection against structural damages which include fire, detonation, burglary or attempted theft; malicious damage like vandalism, natural causes like weather or flooding, subsidence and even falling trees. 10 year structural insurance also protects you from specific mistakes made on the builder’s part. The point about 10 year structural insurance is it protects you down the line. Scenarios pop-up all the time when the workmanship provided to you during your home build is shoddy. In cases were the materials used were faulty, structural insurance has got you covered on that as well. Building your dream home should only be an exciting time with limited amount of set-backs and stress. Even though all stresses during a building project like this cannot be avoided, you can at least get piece of mind on other aspects of the construction site. Why take any chances? Considering the fact you are making the investment of a life time, pertaining to a dream house for you and your family; why not take the extra step and become properly insured? Besides all the good reasons to consider structural insurance, as the title of this article suggests, mortgage lenders won’t even consider your application without out assurance through your insurance or structural insurance. CRL Management Ltd, home of structural insurance and 10 year structural insurance

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