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Property/DIY

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Indemnity policy

2 replies

Flutterby63 · 10/11/2019 12:08

I'm in the process of selling our house. When I bought it in 2008, the seller took out an indemnity policy to cover the absense of FENSA certificates relating to some renovation to the house. It says it covers future owners too (at the 2008 value).

My buyer is now asking for a top up of the indemnity at the current house value.

My solicitor isn't great so just want to double check if this is normal, given the policy was supposed to cover future owners as well?

OP posts:
catndogslife · 10/11/2019 13:03

Even if you have FENSA certificates, the insurance that comes with them only lasts for 10 years.
So I don't think a top-up is normal/needed.

Flutterby63 · 10/11/2019 15:41

Thanks, that's what I thought. Smile

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