If alterations or extensions have been undertaken at a property without the necessary planning permission, building regulations (or FENSA certificate for windows/doors) or contrary to a Restrictive Covenant, you may suffer a loss following successful enforcement action by the local authority, or when the beneficiary of the restrictive covenants seeks to enforce them.
This policy indemnifies you against the cost of altering, demolishing or reinstating any part of the property and any resulting reduction in the market value of the property.
The deeds of your home may contain a Restrictive Covenant dating back many years. If you intend to carry out works in breach of the covenant, or if these have already taken place, an indemnity will protect if the beneficiary of the covenants seeks to enforce it.
Damages or compensation awarded by a court or Tribunal, out of court settlements, the cost of altering or demolishing any part of the property and reduction in market value may be covered.
If alterations or extensions have been undertaken at a property without the necessary planning permission being obtained, or contrary to a Restrictive Covenant, the local authority may enforce demolition or reinstatement. An indemnity insures against any losses suffered as a result and reduction in the market value of the property following such remedial work.