Get your clients protected… with cover against property purchases falling through.

Purchasing a property can be stressful and expensive. Unfortunately for home buyers, there are many potential problems with buying and selling a home that aren’t always common knowledge, particularly for first-time buyers.

A recent Which? study* found that around 30% of property purchases fall through, resulting in an average cost of £2,899 to each homebuyer.

Following feedback from our intermediaries, we launched a partnership with Surewise, offering Homebuyer Protection Insurance covering purchases only in England and Wales.

Our Home Buyer Protection Insurance product delivered by Surewise offers conveyancing and gazumping protection, with additional protection against the unexpected, all rolled into one comprehensive policy – giving your clients peace of mind. In the result of a qualifying cancellation, your client is protected for fees on the following:

  • Your client is protected on Conveyancing fees of up to £1000.
  • Your client is protected on Survey fees of up to £750.
  • Your client is protected on Mortgage Arrangement fees of up to £500.

Surewise’s Homebuyer Protection Insurance provides guidance to help clients prevent risks in their daily life, protect them against unexpected and unpleasant situations and ensure they receive the support and help they need when things do go wrong.

This product is an optional service for you to select when producing the quote for your clients. Clients who wish to use this service will be emailed a link from eConveyancer, which will provide them with the link to Surewise. Clients will need to complete the fields required and pay for the insurance within 7 days for the policy to be made valid.

For more information on our Homebuyer Protection Insurance offering, please get in touch with our National Business Development Manager, Chantal Wright.