Private Rental Select

Are you building new homes for rent?

Designed for build-to-rent schemes, Private Rental Select gives investors, owners and developers all the features of our Private Rental cover but with greater control. Sell all or any part of your development – right down to individual units – and easily transfer cover to new owners*. Reduce initial premiums by varying excesses and with full risk transfer at the time of completion, there’s no requirement for complex contractor indemnity agreements.

*Transfer available after 2 years from project completion

See below to learn more about how our Private Rental Select Warranty gives you peace of mind for your build-to-rent schemes or get a quote by filling in our online application form.

SUMMARY OF COVER

10-12 years
Cover period: Up to 12 years
Up to £25m*
Continuous structure limits –
New Build: £25m*
Conversions: £5m

*Higher limits available via our Major Projects Service
Up to £1m
Individual unit limits –
New Build: £1m
Conversions: £500,000
M&E Cover
Mechanical and Electrical Installation cover –
5 years from completion

Cover Included:

Variable excess from £1,000

Contaminated Land  (For the policy duration – up to 12 years)

Additional Costs / Fees  (For the policy duration - 10/12 years)

Removal of Debris  (For the policy duration - 10/12 years)

Cover Available:

Loss of Rent (extension to standard)

 

Insurance Product Information Documents (IPIDs) summarise what is covered by our policies, making it easier for developers, tenants and leaseholders to compare providers and quickly understand the cover available. Download the PRS IPIDs here.

Protect your investment

Why choose LABC Warranty?

A’ rated insurers

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

No. 1 for technical support

You will benefit from the expertise of our Risk Management Surveyors, working alongside your Local Authority Building Control team (LABC Warranty was rated as No.1 for technical support in independent research conducted in 2020.)

Protect your investment

Our warranty can protect maintenance budgets and provide certainty for life cycle costs and budgeting.

LABC partners

Since 2007 LABC Warranty has worked in partnership with Local Authority Building Control (LABC) to provide secure and reputable structural warranties

How to apply for a LABC Warranty

You can get a quote by completing our online application form. To complete the application we’ll need to know a few important things, such as – project location, number of units, the estimated sale value and your developments start and end dates. Our insurance boffins can then crunch all the numbers and give you a quote. Once you are happy and accepted the quote then your Risk Management Surveyor will be in touch…

GET A QUOTE

How we work with you on site

We have a national network of experienced surveyors who work closely with you and your Local Authority Building Control team. Your Risk Management Surveyor will tailor the inspections to the needs of you site. You will also receive a detailed Technical Manual, accredited by RIBA and CIAT to provide you with guidance on each stage of the build.

GET A QUOTE

GOT A QUESTION?

OTHER SERVICES

Major Projects

Providing early, no-obligation engagement at the design stage to help you navigate the regulations and ensure compliance with our technical standards.

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.

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