Construction Warranty/Building Guarantee Insurance Policies v Professional Consultants' Certificates
The purpose of this information sheet is to highlight the differences between the two options in order to ensure that they are correctly understood and that, should a claim arise, the Claimant, be they the Purchaser or Lender, does not have incorrect expectations as to possible recovery.
The purpose of this leaflet is to assist practitioners to understand the rationale and workings of the UK Finance Professional Consultants' Certificate and thereby assist them in assessing the risks and potential liabilities they assume when they are asked to sign one.