High Value Project Warranty

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High Value Project Warranty

LABC Warranty has worked in partnership with Local Authority Building Control (LABC) to provide a combined building control and structural warranty solution for over 10 years.

LABC is the largest building control provider in the UK and has been the trusted provider for some of the UK’s most prestigious developments including The Shard and the London Olympic Stadium. Together LABC and LABC Warranty have helped deliver quality high rise projects for some of the top developers in the country.

With this in mind our High Value policies have been designed to provide protection for the largest developments. Our panel of ‘A’ rated insurers and flexible financial limits ensure that even the largest of high-rise developments have the cover they need. The below shows an overview of the cover available for homes being built to sell, we can also protect rental, social and commercial elements of your project.

For more information take a look at our High Value brochure.

SUMMARY OF COVER

10 years

Cover Period -
Defects Period: 2 years
Structural Period: 8 years

Up to £1M

Financial Limits -
New Build: £1,000,000
Conversions: £500,000

Up to 25M

Continuous Structure Limit -
New Build: £1,000,000
Conversions: £500,000
*Higher limits are available upon request

From £100

Excess -
Defects Insurance Period: £100
Structural Insurance Period: £1,000 - £1500

COVER INCLUDES

Developer Insolvency Cover (subject to approval)

Contaminated Land Cover

Additional Costs / Fees

Removal of Debris

Alternative Accommodation

Cover for Building Control function

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Why choose LABC Warranty?

A’ rated insurers

All of our policies are underwritten by ‘A’ rated insurers, giving you and your customers peace of mind.

Tailored support

From as early as the design stage we can help provide cost savings and ensure compliance with our technical standards.

LABC Partners

Working in partnership with Local Authority Building Control (LABC) to help deliver quality high rise projects.

Account manager

You will have a dedicated account manager and customer service contact throughout your project.

LABC Warranty have been appointed on our development at West End Gate, London. From the outset, LABC Warranty have had a proactive approach and their early engagement with the project team has been excellent. Their technical guide provides a comprehensive reference document for our consultants and management team. LABC Warranty fully support our aspirations to deliver high quality homes. - Richard Meyrick-Evans, Technical Director Berkeley Homes (Central London) Ltd Site: West End Gate

Our relationship with LABC has without doubt helped us achieve our goals and build our product to an excellent standard. LABC Warranty’s consistent approach to site inspections has created a proactive working relationship which has proven essential to maintaining the build programme when agreeing bespoke details. The excellent response times from the Project Manager to condition clearance has meant building with certainty. This along with prompt issuing of paperwork has ensured our handovers were achieved as planned on the Beaufort Park scheme - St George West London – Beaufort Park Richard Lewis, Senior Technical Manager

Problem solving is a large part of technical design and build on site. The LABC Warranty surveyors are helpful in their approach to design and are an integral part of the Redrow design team with the potential to add value and reduce costs. Site inspections have been carried out in a timely and professional manner, with the LABC Warranty inspector taking a proactive approach when offering advice in respect of regulations and resolution to potential issues, all within his remit. Having a single point of contact in the form of a Project Manager has been key to ensuring our design and construction programmes run smoothly from day one until we hand the customer the keys to their new home - Matthew Oates, Technical Director Redrow Homes Ltd

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OTHER SERVICES

Self Builders

We work with you to help build your dream home. Our self-build warranty provides security, peace of mind and can be used to secure finance from lenders.

Housing Associations

We provide a range of structural warranties for providers of social or affordable housing designed to protect assets and deliver high quality housing.

Home Owners

Our LABC Warranty protects your new home from structural damage that may occur during the first ten years after your home is completed.

MEMBERSHIPS AND ACCREDITATIONS

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