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In the process of Selling the house. I don't have a fensa certificate for the double glazing installed 2004ish.
can't quite remember exactly when it went in.
I need indemnity insurance, which is going to cost £117. My solicitors have already sorted this out.
I think that's quite steep... A quick search suggests the policy is approx £40.
Am I getting ripped off here???
Yes you are getting ripped off, you can get a certificate from the Fensa website for not much money. Our policy was £50 and even that's a bit steep
Been on fensa website. There's no record against my postcode so I have to have the indemnity...
you have to? what if you don't?
you have to? what if you don't?
Buyers mortgage company won't release funds apparently. (Well that's what I've read may happen)
I hasn't spoken to my solicitors as I only picked up there email tonight.
I'm just a bit peeved they have gone and done this without consulting me. If it's something only they can sort out, fine but if it's something I could have done myself I'll be quite annoyed with them
Just after gauging other people's experience really.
Been looking into similar ourselves. I don't think jo/joe public has access to the policies but our local building regs dept said they'd not act on anything over ten years old.
Don't forget, it doesn't cover the work, just the possible implications of the local authority taking action against the owner for non conforming works.
God this whole house buying and selling thing is a 'mare.
Yeah you can get it cheaper. The solicitors will just suck their teeth if you do though and tell you it's not their recommendation to do that, and it might cause problems with the sale, and is likely to incur extra work and cost to ensure the insurance is adequate.
Obviously it's nothing to do with the extra £60 that's going to be split between your solicitor and his insurance mate.....
They won't have bought the policy without your explicit instruction so there may be some confusion in the message/mail. If they have, tell them to go swing because they acted without instruction.
If you can find a policy cheaper, go for it (as long as it's a policy the buyers will accept)
Is this an English thing? I dont remember needing this when I bought my home, what does it cover?
[i]Don't forget, it doesn't cover the work, just the possible implications of the local authority taking action against the owner for non conforming works.[/i]
When did these 'policies' turn up, as we've bought/sold a few houses (in England) over the last 30 years and I've only seen about them on STW.
[i]Is this an English thing? I dont remember needing this when I bought my home, what does it cover? [/i]
No idea, see above.
When did these 'policies' turn up, as we've bought/sold a few houses (in England) over the last 30 years and I've only seen about them on STW.
2002.
I suspect the stuff you bought has had the fensa cert in place.
I got the breakdown from the solicitor. £45 for the policy and £60 plus vat to research getting me the cheapest policy..
It has already been bought, but I can cancel it and put in place my own.
I can guarantee that a policy I bought wouldn't do.... I actually don't get why I have to buy this policy anyway, surely it's the buyers problem.
I suspect I'm a bit stuffed here......
£60 to find best policy? Brilliant!
I was told I needed indemnity insurance when selling my last house in case land was contaminated due to a battery factory once nearby. I told the buyer to get it if they wanted it - which they did.
Pay for the insurance if it gets the sale completed, it's loose change in the grand scheme of house buying/selling and it'll save a ream of backward and forward letters over who should pay
I would hope that my solicitor's experience would tell them which broker to approach and a rough cost for the premium, without any research
We had a real problem getting our seller to get the indemnity cover for the utility room come conservatory they had put on the house without being able to supply building regs, planning or permission from developer. Then again they wouldn't even supply anything saying the gas boiler was safe. As timba said it's small change in the scheme of buying and selling a house and normally it is the lender requiring the cover. Sometimes it feels like people take every penny in buying and selling a house like some person battle.