Compare Home Buyer's Protection Insurance Policies:
Compare Home Buyers Protection Insurance with some of the UK's leading providers. Cover has been designed to protect customers purchasing a new home against gazumping or the withdrawal of a property.
Source
| Excess: £0 | Benefit Periods: This policy lasts for 120 days from policy start date. |
| Conveyancing Fees: Up to £750 | Survey and Valuation Fees: Up to £500 |
| Mortgage and Lender's Fees: Up to £250 | Claim Limit: £1,500 |
Independent Mortgages Direct NE
| Excess: £0 | Benefit Periods: This policy lasts for 6 Months from policy start date. |
| Conveyancing Fees: Up to £1,500 | Survey and Valuation Fees: Up to £1,500 |
| Mortgage and Lender's Fees: Up to £1,500 | Claim Limit: £1,500 |
HomeOwner's Alliance
| Excess: £0 | Benefit Periods: The policy lasts for 120 days from the start date |
| Conveying Fees: Up to £750 | Survey and Valuation Fees: Up to £500 |
| Mortgage and Lender's Fees: Up to £250 | Claim Limit: Doesn't have one |
Payment Shield
| Excess: £0 | Benefit Periods: This policy lasts for 120 days from policy start date. |
| Conveyancing Fees: Up to £800 | Survey and Valuation Fees: Up to £550 |
| Mortgage and Lender's Fees: Up to £250 | Claim Limit: £1,600 |
Homelyfe
| Excess: £0 | Benefit Periods: The policy lasts for 6 months from policy start date |
| Conveying Fees: Up to £1,500 | Survey and Valuation Fees: Up to £500 |
| Mortgage and Lender's Fees: Up to £250 | Claim Limit: Isn't Stated |
Claim Care
| Excess: £0 | Benefit Periods: This policy lasts for 90 or 120 days from inception or until a claim is made on the policy, the purchase of the property is completed or the policy is cancelled |
| Conveyancing Fees: Up to £750 | Survey and Valuation Fees: Up to £500 |
| Mortgage and Lender's Fees: Up to £250 | Claim Limit: None |
Home Buyer's Protection Insurance
If you are looking to move home this insurance will provide cover if a purchase falls
Cover is provided for a number of circumstances including the property owner withdrawing their house from market, Gazumping and the vendor not legally entitled to the property.
Cover is typically provided for 180 days and the policy must be purchased within 7 days of receiving written acceptance.
What is Gazumping and Gazundering?
Gazumping is othe leading reason for a house or flat sale to fail
Gazumping, or being gazumped is when a the seller of a property has accepted an offer by the seller to then accept a higher offer from another buyer before the exchanging of contracts.
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Reference to insurance products provided by Compear.com or any other company does not amount to a promise that such product or service will be available at any time. Changes to insurance products or services may be made at any time without notice.