Structural Warranties & Latent Defects Insurance

Through our trusted, partnered insurance brokerage, MC Warranty Services Ltd, we deliver a comprehensive range of construction-related insurance and warranty products. These are critical for managing risk, ensuring compliance, and protecting your financial interests both during the construction phase and long after project completion.

The Foundation of Your Project’s Future Security

A Structural Warranty, also known as Latent Defects Insurance, is a cornerstone of the sales and mortgage process for new build houses and flats. This essential policy is a mandatory requirement for nearly all major UK lenders when securing a mortgage on a new property.

• Financial Protection: Covers the cost of repairing or reinstating the property due to a defect in the design, workmanship, or materials that appears after completion.

• Sales Criticality: Ensures the property is mortgageable, making it an essential component of the property’s sales process.

• Best-in-Market Terms: We access a panel of different insurers via our brokerage, ensuring clients receive the most competitive and flexible terms for all types of residential and mixed-use projects.

Professional Consultant’s Certificates (PCCs)

A Reliable Alternative to Structural Warranties

Also known as Architect's Certificates or CML certificates, PCCs serve as an important and recognised alternative for selling a property in the absence of a structural warranty.

• Focus on Converted Properties: They are generally accepted by lenders more readily for converted properties than for new builds.

• Chartered Professional Assurance: We offer highly competitive terms for PCCs through our network of chartered RICS and CABE surveyors, providing a high level of professional reassurance to both lenders and buyers.

Site Insurance

Protecting Your Project While Work is Ongoing

Site Insurance provides vital coverage for your construction project throughout the duration of the works. It is specifically designed to protect the property, the contractors, and the public from unexpected events.

• Comprehensive On-Site Cover: Protects the physical works, materials, tools, and equipment on-site from damage, theft, and loss.

• Liability Protection: Can provide both public and employer’s liability coverage.

• Existing Structure Safeguard: Crucially, it also covers the existing structure from damage caused by the new construction works.

Contractors All Risks (CAR) Insurance

The Comprehensive Project Risk Solution

Contractors’ All Risks Insurance is a robust and comprehensive construction policy that holistically covers both the physical works and liability risks associated with a project.

• Contractual Compliance: This cover is often a mandatory requirement under large construction contracts, protecting both the client and the contractor from unforeseen losses.

• Dual Protection: Covers the works taking place, contractors’ plant, tools, and materials, as well as third-party liability and employer’s liability.

Insurance Backed Guarantees (IBGs)

Clearing Warranty Subjectivities

If your project involves elements such as new flat roofs or below-ground waterproofing systems, your structural warranty provider will likely require an Insurance Backed Guarantee (IBG).

• Warranty Acceptance: IBGs are an acceptable method to clear subjectivities raised by the structural warranty provider.

• Competitive Pricing: Through our brokerage, we can provide competitively priced IBGs that are specifically acceptable to leading structural warranty providers, ensuring your project meets all regulatory benchmarks.

Property Owners Insurance

Protection for Non-Occupying Investors and Landlords

Property Owners’ Insurance is a specialist policy tailored for individuals or businesses that own property—whether residential, commercial, or mixed-use—but do not personally occupy it.

• Financial Interest Protection: Protects the owner’s financial investment in the building and their liability as a landlord or property owner.

Key Coverage: Generally includes Buildings Insurance, Landlord’s Contents, Loss of Rent or Alternative Accommodation cover, Property Owners’ Liability, and Employer’s Liability.