When purchasing a property or completing any project, there is always a requirement to obtain some form of insurance. Often that is through choice or will be required by lenders.
Aureum Finance work alongside our key insurance partner to obtain the insurance that you require. They have extensive experience across the whole insurance market and will utilise their network of offices across the UK and Europe to provide you with a range of quotations before you decide on the best policy for you.
It doesn’t need to be property based, there are various personal policies which you may require and can also be sourced by our Partners to solve any insurance enquiry.
Please feel free to get in touch and we can make an introduction.
New Build Warranties
Whenever a property developer completes the new build or newly converted homes within their project, it is essential that there is an insurance warranty provided. This ensures that the developer and builder are covered and the purchasers are insured against major defects that could occur in the first 10 years.
All mortgage providers will request a copy of the 10 year warranty in order to offer purchasers a loan, so it is important to put cover in place in order to sell your properties.
Development funders also wish to see that developers have quotes in place before the funding is drawn as technical reviews will begin even before work has commenced and inspections will begin from the outset of the development.
Aureum can assist with this process using our specialist partners that are experts in this field and we are happy to do so whether or not we are sourcing development finance on your project.
Please let us know about your project and how we can help you.
Personal Guarantee Insurance
When obtaining a loan facility in a corporate name, the majority of lenders will require a Personal Guarantee from the company shareholders. When you as a business owner or Director sign a guarantee, you are putting your personal assets at risk.
Through our key partners, Aureum Finance has access to an insurance policy that will cover guarantees required for both secured and unsecured loans. This means that you are protected against unforeseen circumstances that may affect your business and give you peace of mind of your personal protection.
It is quick and simple to make an application for a policy that can be tailored to your requirements and allows you to choose the amount to be insured, the number of Directors on the policy and cover for multiple companies and guarantees. Just click on the link below and we will be in touch shortly.