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Designed for Build-to-Rent developments: Learn more about Private Rental Select from LABC Warranty

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Flexible warranty cover for build-to-rent projects

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

More benefits of Private Rental Select

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


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Example 1: Sell the whole development to a new owner

PRS Scenario 1

Example 2: Sell all the units to individual residents

PRS Scenario 2

Example 3: Sell some units to individuals and retain others

PRS Scenario 3

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