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Party wall agreement cover for lenders now available

We’re pleased to announce the introduction of a new policy to protect lenders against losses arising if enforcement action is taken against works that were previously undertaken without a party wall agreement in place.

The lender is covered for the amount and term of the mortgage and the losses covered include:

  • the cost of defending enforcement action, including costs awarded against the insured
  • costs in complying with enforcement action or any undertaking required, including the cost of demolishing, altering or reinstating any part of the property
  • any shortfall in the outstanding debt under the mortgage
  • any other costs incurred with our written agreement.

Click here to obtain a quote, or contact us on 01603 617617 or enquiries@cli.co.uk to find out more.