Nationwide Building Society confirms Protek Structural Warranty as acceptable for lending purposes.
Nationwide, the worlds largest building society and their lending subsidiary The Mortgage Works (UK) plc have today confirmed the addition of the Protek Warranty (Protek) to the panel of structural warranty providers acceptable to them for lending purposes. Protek’s Simon Middleton said “This is positive news, Nationwide Building Society have been diligent in their consideration and undertaken a thorough review of the product, so we are confident it will also be accepted by other CML and BSA members going forward.” Confirmation of the status can be found in both the Nationwide Building Society and The Mortgage Works respective Council of Mortgage Lenders Handbook Entries.
Protek Group Limited, part of Lloyd’s broker Lucas Fettes & Partners specialises in site insurance and structural warranty products, sometimes categorised as building guarantee or latent defects insurance. Our range of structural warranty products are backed by class leading Lloyd’s security. Insuring your next development project with Protek means you will be getting the cover you require, combined with excellent levels of service both on and off the construction site at a price that represents excellent value for money.
Our new home structural warranty product solutions include, residential development, retail, mixed use, regeneration, conversion, self-build, custom build and commercial.
For more information on lenders that have approved the Protek warranty or our structural warranty products, please check out the listing on our website www.protekwarranty.co.uk or call Protek on 0845 217 7059.
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