We’re pleased to tell you that our judicial review cover now includes delay costs as standard, for no additional premium. In other words, specific costs arising in the event of a judge awarding an interim injunction that delays works on-site.
Product articles
Below you’ll find articles or communications we’ve issued which are related to our Judicial Review indemnities.
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’re pleased to tell you that our judicial review cover now includes delay costs as standard, for no additional premium. In other words, specific costs arising in the event of a judge awarding an interim injunction that delays works on-site.
We offer a specific Judicial Review indemnity policy which protects developers and their lender against the serious financial losses that can be suffered if a successful application for judicial review is made. Cover can also be extended to include costs incurred through delays in construction.
In the great Morecambe & Wise piano concerto sketch, Eric Morecambe famously tells conductor André Previn (or Mr Preview, as he called him) that he's "playing all the right notes, but not necessarily in the right order."
The changes to the judicial review system were meant to make things fairer for developers, but the reality is that little has changed.