Structural Guarantee Insurance

Madilla

Registered User
Messages
303
I have bought a house which although built in 2006 was not substantially finished. It was as far as 2nd fix electrical work but not plumbing or carpentry. I need to borrow money in order to complete. Although compliance and structural surveys are acceptable to the bank they want me to provide structural guarantee insurance for what would be a balance of 10 years from build date so 1 year and four months. I have obtained one quote from C-R-L it is excess of €2k although the house was purchased for 80k. I wonder if anybody has any information on alternative insurers where I might get more reasonable quotes.
 
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