Standard Buyer Insurance

It costs £75 + Premium Tax at 6%

Home Buyer's Protection is designed to protect you when buying a house by covering your expenses if:

● You are "gazumped" by an offer of £1,000 or more.
● The property is withdrawn from sale
● Your have to withdraw from the purchase due to an unforeseen illness
● The property is damaged before the sale is complete and the rectification work exceeds 10% of the original sum offered and accepted

What you can get in the event of a claim:
● upto £750 towards conveyance fees
● upto £500 towards survey/valuation fees
● upto £250 towards mortgage/lenders fees

Buyer Insurance Exclusively for Easier2Move Clients

It costs £59.00 including Premium Tax at 6%

What you can get in the event of a claim:
● upto £600 towards conveyancer fees
● upto £750 towards survey/valuation fees
● upto £500 towards mortgage/lenders fees

What are the valid circumstances for your purchase not proceeding?

If the property is withdrawn from sale by the seller due to reasons beyond your control.

The seller receives and accepts an offer from a third party, which is a minimum of £1,000 greater than the offer they previously accepted from you and you are not prepared to increase your offer.

The mortgage lender's survey or valuation of the property identifies that rectification work needs to be carried out, the cost of which exceeds 5% of the sum originally offered, or values the property at less than 90% of the sum offered for the property and which has been accepted and you decide not to proceed.

The mortgage lender insists on a secondary survey, such as damp and timber or electrical survey and the mortgage lender insists on additional rectification work being carried out to the property, the cost of which exceeds 10% of the agreed asking price and you decide not to proceed.

The mortgage lender applies a retention to the mortgage for the property, this figure exceeds 5% of the sum offered, which had originally been accepted and you decide not to proceed.

The property sustains damage during the period between offer and exchange of contracts where the total cost of rectification work exceeds 5% of the property value and you decide not to proceed.

The seller is not legally entitled to sell the property or to transfer the property to you.

A survey or valuation is carried out and highlights that the property has been underpinned or shows signs of subsidence and you decide not to proceed or the lender will not lend.

A Local Authority search highlights that the property is the subject of a compulsory purchase order, in a flood plain, on contaminated land or over a mining area and you decide not to proceed.

A search highlights the fact that there is defect in the title, this cannot be rectified and you decide not to proceed or the lender will not lend.

You die or contract a critical illness, sustain a serious injury, are given notice of redundancy or are given notice of relocation and you decide not to proceed.

Easier2protect covers you for one purchase only. If you proceed to purchase another property and you are again introduced to a lawyer by Easier2move, you will need to pay a further Arrangement Fee to obtain Easier2protect.

To discuss your requirements call us on 0800 3893796 or 01483 419288. Alternatively request a call from us by completing our contact form.