London Belgravia Brokers has been chosen by Shapoorji Palloonji UK to source building warranty cover for a 170 unit Build to Rent unit scheme worth £22.5m
Construction on the site, where a cinema and office for Care City, healthcare innovation and research consultancy are also planned, is expected to complete in the third quarter of 2022.
Senior broker Jamie Milne was appointed to arrange the building warranty cover for the site.
The 12-year building warranty insurance will be passed on to the new individual owners of the apartments.
LBB assisted Shapoorji Palloonji UK in arranging the appropriate cover that suited their individual circumstances, allowing them to focus on this unique development.
A ‘phenomenal’ level of customer service
Shapoorji Palloonji’s Karen Muldowney said: “LBB has been an invaluable partner on this project. The level of customer service has been phenomenal.
“We would recommend LBB to any residential developer to benefit from the expertise of the team and Jamie in particular.
“LBB removed the complexity of the warranty process – this enabled us to focus on the build, budgets and timelines, which would not have been possible without LBB.”
Commercial director Jack Bristow, said: “We are delighted to have worked with Shapoorji Palloonji Group on this landmark scheme.
“I’m particularly pleased for Jamie, who has again taken on a complex scheme with multiple stakeholders and delivered a warranty solution that considers everyone’s objectives.”