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!
Insurance Regarding Boarded Loft Conversion With Staircase
Comments
-
Nope. As mentioned before, it'll be used as storage. It's just proving that to the insurance/council in case there ever was a claim/question.0
-
I'm guessing I would still need indemnity insurance (as would the people buying after me). The fact that the council knows about it would void/limit most policies (even though the council has ruled 'no enforcement'). But the vendor seems to thing that such policies exist?
Does anyone know anything about this?0 -
Indemnity insurance is a hug, no more than that. If you FEEL like you need it, have it.just_this_one_post said:I'm guessing I would still need indemnity insurance (as would the people buying after me). The fact that the council knows about it would void/limit most policies (even though the council has ruled 'no enforcement'). But the vendor seems to thing that such policies exist?
Does anyone know anything about this?
But remember what it's for - it pays out legal costs in the event of the council pursuing you for lack of BR. Which they can't. Because it's too long... That apart, you can't buy insurance against the council finding out if they already know.1 -
I think I would price up the costs of making it compliant for the council. As a three bedroom house compared to two the value would increase. If this was more than the work would cost it could be worth considering.
1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards