• Build to rent warranties
Get a quote

Call us today on 01603 218288

One Guarantee is able to offer structural warranty insurance for developments retained for private rental purposes (known as ‘build to rent’).

Our policies cover property owners against the risk of unexpected or inherent structural defects from practical completion for up to 10 or 12 years. All our policies are freely assignable, meaning any future owner will be adequately protected for the duration of the policy.

If you would like more information about One Guarantee’s Build to Rent Warranty, call us on 01603 218288 or click here for a quotation.

How can a Build to Rent Warranty Benefit my Tenants?

Although a structural warranty makes your asset more attractive on the market, it also has a number of benefits for the occupiers of your property.

Not only does our policy cover damage that might result from an unforeseen structural defect, it also provides cover for reasonable additional costs and expenses associated with removal, storage and alternative accommodation while the property is uninhabitable.

How does a Build to Rent Warranty Work?

Our Build to Rent Warranty runs for a period of up to 12 years from the date of practical completion. It is split into two key parts :

1. Defects Insurance Period (practical completion to year 2)
It is the builder’s responsibility to address any structural defects in the two years following practical completion of the build. If the builder refuses to rectify these defects, our Build to Rent Warranty will step in.

2. Structural Insurance Period (years 3 to 10/12)
Full risk transfer is provided in years 3 to 10/12. It means that structural defects that occur within this period are covered by our policy.

Additional Benefits:

  • AA-rated insurer
  • Contactor insolvency cover (subject to approval)
  • Cover for part or completed projects
  • Contaminated land cover
  • Cover to comply with Building Regulations
  • Alternative accommodation, professional fees, debris removal and additional costs
  • Instalment facilities available
  • Machinery Inherent Defects Insurance available

Build to Rent Warranty FAQs

Can I obtain a policy if only part of my development is for private rent?

You will still be able to benefit from our building warranty insurance should you wish to retain only part of the development for private rental purposes. If, for example, the remaining units are to be sold on the open market, One Guarantee can issue a policy for new homes to cover the alternative use. The units retained for private rent will be covered under our dedicated Build to Rent policy.

Can you arrange Machinery Inherent Defects Insurance?

Some of the communal elements of the property may not be covered by our Build to Rent policy. These can include things such as lifts and escalators, electrical distribution systems and air conditioning units. One Guarantee is able to provide Machinery Inherent Defects Insurance (MIDI). It is designed to address these areas of a build and complements our structural warranty insurance. More about MIDI.

Is registration applicable under a Build to Rent Warranty?

Registration with One Guarantee must be maintained by the builder throughout the defects liability period of the policy and contractor insolvency (if applicable). Registration must be renewed annually and maintained. The defects liability period represents the first two years following the practical completion of the build. Registration is not required to be maintained throughout the structural insurance period of the policy.

If you would like more information about One Guarantee’s Build to Rent Warranty, please call us on 01603 218288 or alternatively click here for a quotation.

Click here to find out Why One Guarantee?