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
 

  • A one of premium payment will protect your guarantee for up to 20 years
  • Having CGS insurance may assist in the future sale of your property, providing the property purchaser with a guarantee from the contractor and additional insurance
  • CGS insurance is freely transferable to future owners should you sell your house (reassignment of the contractors guarantee may be necessary)
  • An Insurance policy is provided specifically for each individual property
  • CGS are a UK based insurance company, which is authorised and regulated by the Financial Conduct Authority (FCA)
  • Access to the Financial Ombudsman Service (FOS) & Financial Services Compensation Scheme (FSCS)

 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.