https://www.thelandsite.co.uk/files/articles/f8bcc2f8ce6111e9904e0afeec538f48/Annotation-2019-09-26-103058.png 190

Were you an Alpha Customer now needing help with a new warranty?

Posted by Build-Zone on 26th September 2019 -

title

FSCS have announced they will compensate Alpha Insurance latent defect premium insurance policyholders following the collapse of the deal arranged by BCR Legal Group Ltd to provide replacement cover for Alpha’s 10-year latent defect/structural damage insurance policies. As a result, Alpha policyholders cannot be expected to wait any longer and FSCS is to pay premium refund compensation to around 14,000 policyholders directly and cheques will be posted in the coming weeks. FSCS is also writing to the remaining 6,500 policyholders with instructions on what steps the policyholders must take to submit their claim.

FSCS recommends that policyholders seek professional advice on obtaining replacement cover as soon as possible by contacting a suitable insurance broker who specialises in latent defect/structural damage policies. Policyholders may be in breach of their mortgage terms and conditions if they do not have a valid latent defect policy for their property.

If you were an Alpha Customer and now need help with a new warranty, then please talk to us today. We are backed by an A Rated insurer and we have a team of experts ready to take your call on our Helpline: 0345 2309873.


Sarah Kempton

Build-Zone is established Structural Warranty provider for any size build/development in the UK and Ireland, including New Home, Self & Custom Build, Commercial, Completed and Social Housing. We are backed by A-rated insurers and UK Finance approved.

Link to Build-Zone business profile

4th March 2024
Industry Insights
Are we out of the woods yet? Well, not really – recession, living costs and mortgage prices continue to hold back the property market
Read more
15th February 2024
Annual Bridging Loan Transactions Hit Record High in 2023
2023 may have been marked by ups and downs but as the economic outlook remained uncertain for much of the year, an increasing number of borrowers turned to bridging lenders to secure their onward purchases
Read more
2nd January 2024
Mortgages for Commercial Property: Your Complete Guide
This guide explains everything you need to know about commercial property mortgages, and the potential benefits of commercial investment.
Read more