As an extension of the Build-Zone Warranty business, Sennocke have negotiated a Lloyd’s Insurance Backed Guarantee (IBG) facility for Japanese Knotweed Remediation companies without the need to have expensive membership of any association.
Japanese Knotweed is one of the major problems facing Developers and Builders currently. Many Lenders will not offer financial loans on properties or developments with Japanese Knotweed or a history of the plant. This has seriously affected the market… until now.
The most important aspect to consider when providing IBG’s is the financial stability and security of the Insurers themselves. Sennocke is working with some of the best Japanese Knotweed removal companies to guarantee the removal for up to 10 years by providing a IBG backed by Lloyd’s of London.