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Under construction Insurance

FLC · 2017-06-13 20:30:56

Hopefully someone can give us a steer on this. We (myself and my wife) are about to begin a house extension and partial refurbishment. Mortgage of €200k, the house is 100 years old and will be occupied by a parent over the duration of the build (9 month contract). We have been approved for the mortgage and have been told…

13-06-2017 9:30pm

#1

FLC

Registered Users Posts: 49 ✭

Join Date: September 2016

Posts: 43

Hopefully someone can give us a steer on this.

We (myself and my wife) are about to begin a house extension and partial refurbishment. Mortgage of €200k, the house is 100 years old and will be occupied by a parent over the duration of the build (9 month contract).

We have been approved for the mortgage and have been told we must have "under construction" insurance to cover for fire (the bank requires this prior to first draw down). The house is being transferred over to me at the moment.

Finding it very hard to get a quote for this. Has anybody come across this or could direct to a firm that provides this cover?

The house is a family farmhouse and we can't be the only people who have ever gone down this route.

Any help appreciated.

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