Will I get a mortgage or insurance if I build with Durisol?

We’re often asked, “Will I get a mortgage, insurance or warranty if I build with Durisol ICF?” The short answer is, yes! Here we explain more.

Mortgage

There is a misconception that Durisol ICF is a ‘modern method of construction’. If that were the case, a home built with Durisol may be harder to get a mortgage on. Durisol isn’t classified as a modern method of construction. The technique of producing woodcrete has existed since the 1930s, and Durisol has been a proven and certified system globally for decades.

In the UK, the Council of Mortgage Lenders formally recognises ICF as a standard form of construction, for those manufacturers who are members of the industry trade association, the Insulating Concrete Formwork Association (ICFA). As Durisol is a full member of the ICFA mortgage lenders will lend on homes built with our woodcrete ICF.

Insurance

When it comes to insurance, ICF is considered a non-standard form of construction. However, there’s no need to worry that you won’t get house insurance. Standard construction only refers to a home built with bricks and mortar, ideally with concrete foundations and a slate or tiled, pitched roof.

Given the highly restrictive nature of the definition, many UK homes fall outside of the ‘standard’ classification. Consequently, non-standard insurance is readily available. Provided you have met all the building regulation requirements during your Durisol build; you’ll be able to choose from a variety of insurers that will insure your new home.

Warranty

In terms of a structural warranty, Durisol is third-party certified by the BBA (British Board of Agrément). As such, Durisol has acquired structural warranties from a variety of warranty providers including LABC, Premier Guarantee, Global Home Warranties, and Build-Zone. Each provider has different criteria so we can advise on a project by project basis.

If you’d like to build with Durisol but have concerns about any of the issues we’ve covered above, please get in touch. You can call us on 01495 249400 or email us at [email protected].

 

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