In the vast majority of cases, a PCC certificate simply won’t provide enough cover for new build homes.
Latent Defects Insurance is still the gold standard for most mortgage lenders. It provides the necessary level of reparation required to rectify defects, offering the homeowner peace of mind for up to a decade.
Another benefit of Latent Defects Insurance is that, unlike a PCC certificate, it doesn’t require proof of negligence. For the homeowner, this provides an added layer of reassurance that they will receive the prerequisite level of cover and repairs regardless of whether or not the issuing consultant goes out of business.