We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Indemnity Question?
Dasnookster
Posts: 282 Forumite
I am in the process of buying a house which has an internal wall taken out between the lounge/dinner and also the downstairs part of the chimney stack has been taken out in kitchen.
My solicitor wrote to ask about whether they had building regs and completion certificates for this work and they don't have the required paperwork, so my solicitor is suggesting an Indemnity policy.
From searching this forum I have established (I think) that an indemnity policy only insures against the local authority causing us aggravation in the future, but not against repairs should anything fall down or need repairing - so my question is this:
If for example, part of the ceiling or wall fell down as a result of this - would we be able to claim on our general household insurance for it?
My solicitor wrote to ask about whether they had building regs and completion certificates for this work and they don't have the required paperwork, so my solicitor is suggesting an Indemnity policy.
From searching this forum I have established (I think) that an indemnity policy only insures against the local authority causing us aggravation in the future, but not against repairs should anything fall down or need repairing - so my question is this:
If for example, part of the ceiling or wall fell down as a result of this - would we be able to claim on our general household insurance for it?
You never know how far you can fly, till you spread your wings.
0
Comments
-
I could be completely wrong about this but I was talking to my solicitor this week andt indemnity policies were mentioned as the property I am buying has an extension/conservatory that Im guessing wont have planning/building regs.
I got the impression I would be covered by the policy if the extension fell down up to £100k. The property Im buying is £130k and the planning indemnity policy was £180 and the building regs policy was £28. He said it goes on a sliding scale depending on the amount of cover.0 -
Indemnity policies do not cover you for shoddy workmanship. If you have any doubts about the quality of work get a survey done.
Indemnity policies cover you against the council insisting you remove items without consents and old clauses in title deeds where the lord of the former manor, on which your house sits, demanding x,y or z.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0 -
We had a survey done - it wasn't the straightforward homebuyers one, it was the next level up, but they were very non commital.
Does anyone know what would happen if the wall was to come down? Would it be covered by my household building insurance?
Also I have heard that trying to get building regs after invalidates the indemnity policy - so would we be able to just get a builder in to look at it without invalidating the policy?You never know how far you can fly, till you spread your wings.0 -
Anyone know?You never know how far you can fly, till you spread your wings.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.1K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards