Objective & outcome
Solstar was approached by this client seeking buildings insurance for a property they were purchasing to renovate. The goal was to finalise renovations within an 8-month timeframe, before selling.
Solstar promptly facilitated the insurance process, securing coverage at a competitive rate. Notably, the insurance option obtained offered the flexibility to transition seamlessly should the client opt to retain the property for rental purposes post-renovation.
In adherence to the mortgage company’s requirement, Solstar ensured that their interest was noted and integrated into the policy. Subsequently, all necessary documentation was provided to both the lender and the client’s solicitor, facilitating a smooth exchange and timely completion within a matter of days.
Insurance
Solstar can arrange a full suite of protection policies that will not only compliment your clients mortgage applications, but will also prevent delays at completion.
Subject to status. Product and criteria availability is subject to change or withdrawal at any time. For intermediaries only.
