Guarantees
All damp-proofing and timber treatment works undertaken by FOREST
DAMPBUSTERS receive an insured guarantee. This is a guarantee for the
property and if the house is sold then the benefit of the guarantee is
automatically transferred to the new owner and are accepted by all Banks
and Building Societies for mortgage purposes.
Our guarantees are insured by Construction Guarantee Services who are an
authorised insurance agency regulated by the F.C.A.( Financial Conduct
Authority) and are one of the only real insured guarantee available
today which offers cover against the recurrence of rising damp, woodworm
and wet or dry rot.
Most companies charge you extra for these guarantees but Forest
Dampbusters provide these free of charge with insurance premiums and
Insurance Premium Tax paid by Forest Dampbusters for your damp or timber
guarantee.
The Construction Guarantee Services guarantee provides cover if a
problem develops with the remedial work undertaken and the company
responsible is no longer trading. The Construction Guarantee Services
will allow another fully qualified contractor to remedy the work without
further charge.
Who are Construction Guarantee Services?
Construction Guarantee Services (CGS) is a UK based general insurer,
which is authorised & regulated by the Financial Conduct Authority,who
specialise in the provision of insurance backed guarantees, which is an
insurance product specifically designed to protect consumers who find
themselves in a situation such as that detailed above.
How it Works
If a defect covered by our original written guarantee develops and we
have ceased to trade, the CGS insurance policy will pay for another
contractor to remedy the works. In simple terms CGS insures your
guarantee.
The Construction Guarantee Services insurance policy provides insurance
cover which relates to the property rather than the owner which means if
you sell your property the guarantee can be passed to the new owners
subject to certain conditions.
What it Covers
CGS offer insurance for guarantees issued on wood-boring beetle, wood
rot, rising damp, replacement wall ties and penetrating dampness.
The main benefits of having a CGS guarantee
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Further details in respect of Construction Guarantee Services can be
seen at www.construction-guarantee.co.uk
Quite simply by having one of these guarantees then should we go out of business and a fault with dampness or timber decay develops then you are still covered by the insurance offered by CGI/CGS. These are the only worthwhile insured guarantees available and most of the others are hardly worth the paper that they are printed on.
If you need any more information about guarantees available then please call 01594 837300 or email enquiries@forest- dampbusters. co.uk.