{"id":113945,"date":"2022-08-03T13:44:23","date_gmt":"2022-08-03T12:44:23","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=113945"},"modified":"2022-08-03T16:28:01","modified_gmt":"2022-08-03T15:28:01","slug":"new-personal-guarantee-insurance-available-for-self-builders","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/building-control-news\/new-personal-guarantee-insurance-available-for-self-builders\/113945\/","title":{"rendered":"New personal guarantee insurance available for self-builders"},"content":{"rendered":"

Self-builders who have secured a personal guarantee-backed loan can now protect their assets with personal guarantee insurance from Purbeck<\/h2>\n

Purbeck Personal Guarantee Insurance, <\/a>the U.K.\u2019s first and only provider of personal guarantee insurance, is now available to self-builders.\u00a0<\/span><\/a><\/p>\n

Self-builders, as well as property developers, are often required to provide additional security to the lender by signing a Personal Guarantee.<\/p>\n

Insurance provides protection for self-builders if the development fails<\/h3>\n

The insurance can be used in cases where the self-builder has created a limited company structure for their self-build project. If the development fails the lender can seek recoveries from the Guarantors personally.<\/p>\n

Todd Davison, MD of Purbeck PGI said: “It can often be the case that self-builders create a limited company structure to manage the finances of their building project and create some protection around their personal finances.<\/p>\n

Settle up to 80% of the debt<\/h3>\n

“However, that can all be for nothing if they are asked to sign a personal guarantee as a condition of funding. We have therefore developed a solution for self-builders as well as property developers to protect their assets should their building project fail.<\/p>\n

“Personal Guarantee Insurance will settle up to 80% of the debt, rather than the individual\u2019s current home, savings, or other assets.”<\/p>\n

\n<\/div>","protected":false},"excerpt":{"rendered":"

Self-builders who have secured a personal guarantee-backed loan can now protect their assets with personal guarantee insurance from Purbeck. <\/p>\n","protected":false},"author":17,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[306],"tags":[615,583,664,283,671],"stakeholder_rel_tag":[],"contributor_rel_tag":[],"class_list":{"0":"post-113945","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-building-control-news","7":"tag-builders-merchant","8":"tag-construction-products","9":"tag-construction-services","10":"tag-finance","11":"tag-insurance"},"acf":[],"yoast_head":"\nNew personal guarantee insurance available for self-builders | Planning, Building & Construction Today<\/title>\n<meta name=\"description\" content=\"Self-builders who have secured a personal guarantee-backed loan can now protect their assets with personal guarantee insurance from Purbeck\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.pbctoday.co.uk\/news\/building-control-news\/new-personal-guarantee-insurance-available-for-self-builders\/113945\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New personal guarantee insurance available for self-builders\" \/>\n<meta property=\"og:description\" content=\"Self-builders who have secured a personal guarantee-backed loan can now protect their assets with personal guarantee insurance from Purbeck\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.pbctoday.co.uk\/news\/building-control-news\/new-personal-guarantee-insurance-available-for-self-builders\/113945\/\" \/>\n<meta property=\"og:site_name\" content=\"Planning, Building & Construction Today\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/PBCToday\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-03T12:44:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-03T15:28:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.pbctoday.co.uk\/news\/wp-content\/uploads\/2022\/08\/dreamstime_xxl_205069497.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2000\" \/>\n\t<meta property=\"og:image:height\" content=\"1335\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Steph Carpenter\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@PBC_Today\" \/>\n<meta name=\"twitter:site\" content=\"@PBC_Today\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.pbctoday.co.uk\/news\/building-control-news\/new-personal-guarantee-insurance-available-for-self-builders\/113945\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.pbctoday.co.uk\/news\/building-control-news\/new-personal-guarantee-insurance-available-for-self-builders\/113945\/\"},\"author\":{\"name\":\"Steph Carpenter\",\"@id\":\"https:\/\/www.pbctoday.co.uk\/news\/#\/schema\/person\/dd16f5e0e89ad310c0ff814f9325eb65\"},\"headline\":\"New personal guarantee insurance available for self-builders\",\"datePublished\":\"2022-08-03T12:44:23+00:00\",\"dateModified\":\"2022-08-03T15:28:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.pbctoday.co.uk\/news\/building-control-news\/new-personal-guarantee-insurance-available-for-self-builders\/113945\/\"},\"wordCount\":216,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.pbctoday.co.uk\/news\/#organization\"},\"keywords\":[\"Builders merchant\",\"Construction Products\",\"Construction services\",\"Financing\",\"Insurance services\"],\"articleSection\":[\"Building Control News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.pbctoday.co.uk\/news\/building-control-news\/new-personal-guarantee-insurance-available-for-self-builders\/113945\/#respond\"]}],\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.pbctoday.co.uk\/news\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.pbctoday.co.uk\/news\/building-control-news\/new-personal-guarantee-insurance-available-for-self-builders\/113945\/\",\"url\":\"https:\/\/www.pbctoday.co.uk\/news\/building-control-news\/new-personal-guarantee-insurance-available-for-self-builders\/113945\/\",\"name\":\"New personal guarantee insurance available for self-builders | Planning, Building & Construction Today\",\"isPartOf\":{\"@id\":\"https:\/\/www.pbctoday.co.uk\/news\/#website\"},\"datePublished\":\"2022-08-03T12:44:23+00:00\",\"dateModified\":\"2022-08-03T15:28:01+00:00\",\"description\":\"Self-builders who have secured a personal guarantee-backed loan can now protect their assets with personal guarantee insurance from Purbeck\",\"breadcrumb\":{\"@id\":\"https:\/\/www.pbctoday.co.uk\/news\/building-control-news\/new-personal-guarantee-insurance-available-for-self-builders\/113945\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.pbctoday.co.uk\/news\/building-control-news\/new-personal-guarantee-insurance-available-for-self-builders\/113945\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.pbctoday.co.uk\/news\/building-control-news\/new-personal-guarantee-insurance-available-for-self-builders\/113945\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.pbctoday.co.uk\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"New personal guarantee insurance available for self-builders\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.pbctoday.co.uk\/news\/#website\",\"url\":\"https:\/\/www.pbctoday.co.uk\/news\/\",\"name\":\"Planning, Building & Construction Today\",\"description\":\"The Latest Planning, Building & Construction News\",\"publisher\":{\"@id\":\"https:\/\/www.pbctoday.co.uk\/news\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.pbctoday.co.uk\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.pbctoday.co.uk\/news\/#organization\",\"name\":\"Planning, Building & Construction Today\",\"alternateName\":\"PBC Today\",\"url\":\"https:\/\/www.pbctoday.co.uk\/news\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.pbctoday.co.uk\/news\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.pbctoday.co.uk\/news\/wp-content\/uploads\/2022\/01\/pbctoday-logo-yoast-seo-organisation-1920-1080-001.jpg\",\"contentUrl\":\"https:\/\/www.pbctoday.co.uk\/news\/wp-content\/uploads\/2022\/01\/pbctoday-logo-yoast-seo-organisation-1920-1080-001.jpg\",\"width\":1920,\"height\":1080,\"caption\":\"Planning, Building & Construction Today\"},\"image\":{\"@id\":\"https:\/\/www.pbctoday.co.uk\/news\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/PBCToday\/\",\"https:\/\/x.com\/PBC_Today\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.pbctoday.co.uk\/news\/#\/schema\/person\/dd16f5e0e89ad310c0ff814f9325eb65\",\"name\":\"Steph Carpenter\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.pbctoday.co.uk\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/97a073c56b415b32c4d1d8ee9ef9a0ce42224c6532ccc712f228b71f15b4e650?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/97a073c56b415b32c4d1d8ee9ef9a0ce42224c6532ccc712f228b71f15b4e650?s=96&d=mm&r=g\",\"caption\":\"Steph Carpenter\"},\"sameAs\":[\"http:\/\/www.pbctoday.co.uk\"],\"url\":\"https:\/\/www.pbctoday.co.uk\/news\/author\/stephhazlegreaves\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"New personal guarantee insurance available for self-builders | Planning, Building & Construction Today","description":"Self-builders who have secured a personal guarantee-backed loan can now protect their assets with personal guarantee insurance from Purbeck","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.pbctoday.co.uk\/news\/building-control-news\/new-personal-guarantee-insurance-available-for-self-builders\/113945\/","og_locale":"en_US","og_type":"article","og_title":"New personal guarantee insurance available for self-builders","og_description":"Self-builders who have secured a personal guarantee-backed loan can now protect their assets with personal guarantee insurance from Purbeck","og_url":"https:\/\/www.pbctoday.co.uk\/news\/building-control-news\/new-personal-guarantee-insurance-available-for-self-builders\/113945\/","og_site_name":"Planning, Building & Construction Today","article_publisher":"https:\/\/www.facebook.com\/PBCToday\/","article_published_time":"2022-08-03T12:44:23+00:00","article_modified_time":"2022-08-03T15:28:01+00:00","og_image":[{"width":2000,"height":1335,"url":"https:\/\/www.pbctoday.co.uk\/news\/wp-content\/uploads\/2022\/08\/dreamstime_xxl_205069497.jpg","type":"image\/jpeg"}],"author":"Steph Carpenter","twitter_card":"summary_large_image","twitter_creator":"@PBC_Today","twitter_site":"@PBC_Today","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.pbctoday.co.uk\/news\/building-control-news\/new-personal-guarantee-insurance-available-for-self-builders\/113945\/#article","isPartOf":{"@id":"https:\/\/www.pbctoday.co.uk\/news\/building-control-news\/new-personal-guarantee-insurance-available-for-self-builders\/113945\/"},"author":{"name":"Steph Carpenter","@id":"https:\/\/www.pbctoday.co.uk\/news\/#\/schema\/person\/dd16f5e0e89ad310c0ff814f9325eb65"},"headline":"New personal guarantee insurance available for self-builders","datePublished":"2022-08-03T12:44:23+00:00","dateModified":"2022-08-03T15:28:01+00:00","mainEntityOfPage":{"@id":"https:\/\/www.pbctoday.co.uk\/news\/building-control-news\/new-personal-guarantee-insurance-available-for-self-builders\/113945\/"},"wordCount":216,"commentCount":0,"publisher":{"@id":"https:\/\/www.pbctoday.co.uk\/news\/#organization"},"keywords":["Builders merchant","Construction Products","Construction services","Financing","Insurance services"],"articleSection":["Building Control News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.pbctoday.co.uk\/news\/building-control-news\/new-personal-guarantee-insurance-available-for-self-builders\/113945\/#respond"]}],"copyrightYear":"2022","copyrightHolder":{"@id":"https:\/\/www.pbctoday.co.uk\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.pbctoday.co.uk\/news\/building-control-news\/new-personal-guarantee-insurance-available-for-self-builders\/113945\/","url":"https:\/\/www.pbctoday.co.uk\/news\/building-control-news\/new-personal-guarantee-insurance-available-for-self-builders\/113945\/","name":"New personal guarantee insurance available for self-builders | Planning, Building & Construction Today","isPartOf":{"@id":"https:\/\/www.pbctoday.co.uk\/news\/#website"},"datePublished":"2022-08-03T12:44:23+00:00","dateModified":"2022-08-03T15:28:01+00:00","description":"Self-builders who have secured a personal guarantee-backed loan can now protect their assets with personal guarantee insurance from Purbeck","breadcrumb":{"@id":"https:\/\/www.pbctoday.co.uk\/news\/building-control-news\/new-personal-guarantee-insurance-available-for-self-builders\/113945\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.pbctoday.co.uk\/news\/building-control-news\/new-personal-guarantee-insurance-available-for-self-builders\/113945\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.pbctoday.co.uk\/news\/building-control-news\/new-personal-guarantee-insurance-available-for-self-builders\/113945\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.pbctoday.co.uk\/news\/"},{"@type":"ListItem","position":2,"name":"New personal guarantee insurance available for self-builders"}]},{"@type":"WebSite","@id":"https:\/\/www.pbctoday.co.uk\/news\/#website","url":"https:\/\/www.pbctoday.co.uk\/news\/","name":"Planning, Building & Construction Today","description":"The Latest Planning, Building & Construction News","publisher":{"@id":"https:\/\/www.pbctoday.co.uk\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.pbctoday.co.uk\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.pbctoday.co.uk\/news\/#organization","name":"Planning, Building & Construction Today","alternateName":"PBC Today","url":"https:\/\/www.pbctoday.co.uk\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.pbctoday.co.uk\/news\/#\/schema\/logo\/image\/","url":"https:\/\/www.pbctoday.co.uk\/news\/wp-content\/uploads\/2022\/01\/pbctoday-logo-yoast-seo-organisation-1920-1080-001.jpg","contentUrl":"https:\/\/www.pbctoday.co.uk\/news\/wp-content\/uploads\/2022\/01\/pbctoday-logo-yoast-seo-organisation-1920-1080-001.jpg","width":1920,"height":1080,"caption":"Planning, Building & Construction Today"},"image":{"@id":"https:\/\/www.pbctoday.co.uk\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/PBCToday\/","https:\/\/x.com\/PBC_Today"]},{"@type":"Person","@id":"https:\/\/www.pbctoday.co.uk\/news\/#\/schema\/person\/dd16f5e0e89ad310c0ff814f9325eb65","name":"Steph Carpenter","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.pbctoday.co.uk\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/97a073c56b415b32c4d1d8ee9ef9a0ce42224c6532ccc712f228b71f15b4e650?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/97a073c56b415b32c4d1d8ee9ef9a0ce42224c6532ccc712f228b71f15b4e650?s=96&d=mm&r=g","caption":"Steph Carpenter"},"sameAs":["http:\/\/www.pbctoday.co.uk"],"url":"https:\/\/www.pbctoday.co.uk\/news\/author\/stephhazlegreaves\/"}]}},"publishpress_future_action":{"enabled":false,"date":"2026-10-14 16:12:10","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.pbctoday.co.uk\/news\/wp-json\/wp\/v2\/posts\/113945","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pbctoday.co.uk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pbctoday.co.uk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pbctoday.co.uk\/news\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pbctoday.co.uk\/news\/wp-json\/wp\/v2\/comments?post=113945"}],"version-history":[{"count":0,"href":"https:\/\/www.pbctoday.co.uk\/news\/wp-json\/wp\/v2\/posts\/113945\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.pbctoday.co.uk\/news\/wp-json\/wp\/v2\/media?parent=113945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pbctoday.co.uk\/news\/wp-json\/wp\/v2\/categories?post=113945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pbctoday.co.uk\/news\/wp-json\/wp\/v2\/tags?post=113945"},{"taxonomy":"stakeholder_rel_tag","embeddable":true,"href":"https:\/\/www.pbctoday.co.uk\/news\/wp-json\/wp\/v2\/stakeholder_rel_tag?post=113945"},{"taxonomy":"contributor_rel_tag","embeddable":true,"href":"https:\/\/www.pbctoday.co.uk\/news\/wp-json\/wp\/v2\/contributor_rel_tag?post=113945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}