'Wimpey no-fines' building insurance

vbnmu

I have just completed the purchase of a wimpey no fines house: I had little problem getting a mortgage but it has been harder to get building insurance.

Am a bit worried now that it wasn't such a good idea after all.

I have called Allianz who have said they wouldn't insure, Tesco said they will get back to me and Halifax, who is also my lender, said they won't insure if it's prefab or timber framed - the surveyor's report does not specify that.

Now it could be that because I called right before they closed that I spoke to people who were not well informed.

Anyone know of good companies who would offer affordable insurance?

Fruit_and_Nut_Case

This is a new building concept to me. For anyone else who's in the dark, HERE is the Wikipedia entry. I found it an interesting read.

Can you contact the previous owner and ask who their insurer was?

DollyDee_2

My Mom's house is an ex-council Wimpey No Fines semi built in 1953.

She has been insured with Liverpool Victoria for years.

The premium for July 2014 to July 2015 is £341.66 including Legal Expenses of £17.77 and accidental damage for both buildings and contents. Sorry I can't see the split for contents/buildings.

The cover is £500,000 buildings, £125,000 contents and £100,000 legal expenses.

Hope this helps.

Dolly

Richard_Webster

Surprised there is a problem because Wimpey No Fines seems to be one of the more acceptable forms of non-trad construction.

vbnmu

I really appreciate everyone's quick response to this problem.

The previous owner had a landlord insurance from a company that only caters for landlords.

DollyDee: Do I need to call them and specify the type of build? If I can do it online, do I chose 'concrete' as the type of construction?

vbnmu

Richard_Webster wrote: »

Surprised there is a problem because Wimpey No Fines seems to be one of the more acceptable forms of non-trad construction.

I called between 20:00-21:00. Hopefully I spoke to advisors who didn't know better.

DollyDee_2

vbnmu wrote: »

I really appreciate everyone's quick response to this problem.

The previous owner had a landlord insurance from a company that only caters for landlords.

DollyDee: Do I need to call them and specify the type of build? If I can do it online, do I chose 'concrete' as the type of construction?

Mom did her own insurance but she hadn't got t'internet so it would have been over the phone. Concrete would seem the closest but if it were me I would speak to someone and definitely specify "No Fines". You wouldn't want to find out you weren't insured in the event of a claim.

I can't ask her because she passed away very recently which is why I've got all the paperwork.

Dolly

davidmcn

Never heard of a problem getting insurance. What question on the proposal form is the stumbling block?

vbnmu

DollyDee wrote: »

Mom did her own insurance but she hadn't got t'internet so it would have been over the phone. Concrete would seem the closest but if it were me I would speak to someone and definitely specify "No Fines". You wouldn't want to find out you weren't insured in the event of a claim.

I can't ask her because she passed away very recently which is why I've got all the paperwork.

Dolly

Sorry for your loss Dolly and thank you for all your help.

vbnmu

davidmcn wrote: »

Never heard of a problem getting insurance. What question on the proposal form is the stumbling block?

When it comes to selecting the type of construction ... Do I choose concrete non-combustible, concrete combustible or other? Or do I need to call directly to inform them that it is a 'no fines'?

DollyDee_2

Sorry, I don't know.