Legal Indemnity Insurance policies for issue by solicitors and conveyancers

Building Standards

The Building Standards legal indemnity insurance policy provides cover for the mortgage lender when there is a lack of evidence that a valid NHBC certificate, or similar warranty, or architect’s certificate was given on completion of a newly-built house or flat over which the mortgage lender intends to take a mortgage.

The property should have been occupied for at least 2 years prior to the date on which cover commences by a buyer who bought the property in good faith from a seller to whom the buyer is neither related nor otherwise connected.

The policy does not cover the buyer or owner of the property.

The property must be based within England and Wales.

Click here to download our Demands & Needs statement 

Full Key Facts can be viewed by clicking here.

Key Features and Benefits

If a mortgagee in possession is unable to recover its mortgage advance as a direct result of the lack of a valid NHBC certificate or similar warranty, the policy provides cover for the mortgage lender for the following, up to your selected limit of indemnity *:

  • the amount by which the mortgage advance secured against the property exceeds the market value of the property
  • any other costs and expenses with our consent.

The policy automatically covers the mortgage lenders of subsequent owners of the property, and remains in force from the day you issue it without any limit in time.


This ‘At a Glance’ description of cover does not set out the full terms and conditions of cover or the exceptions and limitations which apply to the policy, all of which can be found in the policy document. Please also refer to the Key Facts policy summary.
* For additional cover and limits of indemnity exceeding £2.5m, see Bespoke Policies

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