-
It’s an insurance for the chance that the council will come to you in the future and force you to fix it, and worst case, put it back to how it was originally. Pays put money to cover those costs if it happens.
Normally around £100-150 paid for by the seller, because the risk is normally pretty low for the above happening.
If it was high risk, or done very recently, the insurance might cost more, or not be able to be offered at all.
Acliff-
It should be noted that the insurance is pretty pointless but a legal standard. From my understanding, it only covers fines for not getting the necessary building control, not the cost of putting right what was done wrong. Also the council have to take action within 12 months of the work being completed so unless the works were just completed then it isn't worth the paper it's written on.
cjr
Forgive me if this is a silly question. What would that give me/them?