We are pleased to announce that we are extending the periods of cover on several of our policies, as borrowers increasingly ask for longer mortgage terms, and to continue to offer best cover and value for money.
We now offer these longer terms on the following policies:
Adoption of Road or Sewer (section 38 and section 104 Agreement) – the 10 year limit has been extended to an unlimited period
Chancel, known liability – extended from 25 years to 35 years
Environmental/contaminated land policies – extended from 25 years to 35 years
Judicial Review – our six month policy term has been replaced with an indefinite term
Road Charges – extended from 10 years to 35 years
Sewer (no build over agreement) – extended from 15 years to 35 years.