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What Are Building Warranties Mike Alstott Buccaneers Jersey , Who Needs Them And Why? Posted On : Aug-04-2011 | seen (378) times | Article Word Count : 374 |
Building warranties are insurance policies that provide the residential home or commercial building with a 10 year (12 in some instances) structural defects guarantee in the event of building failure. A building warranty is also known as a Latent Defects policy. Building warranties are insurance policies that provide the residential home or commercial building with a 10 year (12 in some instances) structural defects guarantee in the event of building failure. A building warranty is also known as a Latent Defects policy. All the mainstream mortgage lenders require a structural building warranty to be available when a property is sold at less than 10 years old. The building warranty market has always been confusing and up until relatively recently, there has been very little choice for house builders and developers requiring structural building warranties. This is now not the case and there are a number of different policies to choose from.
Some standard building warranty products include:
New housing warranty Completed housing warranty Self build warranty Social housing warranty LPA receivers warranty Commercial property warranty
Some standard examples of when you might use are building warranty are:
New Home - If you are building 20 new homes on a greenfield site or if you鈥檙e converting an existing mill into 10 new flats, regardless of your years of experience Matt Gay Youth Jersey , professional team or size of company, each and every property will need a separate warranty.
Self Build Warranty - Mr. and Mrs. Smith buy a building plot and intend to build a new family home for their own occupation. They will require a 10 year Structural Warranty to satisfy their mortgage lender, provide them with peace of mind Anthony Nelson Youth Jersey , and in the event of a sale, a new purchaser will expect the balance of a 10 year Structural Warranty to be available.
Completed Housing - If you built a block of 8 flats 4 years ago and are now intending to sell, a structural warranty is required by mortgage lenders who are providing finance to each new purchaser. Or Mike Edwards Youth Jersey , if you decide to refinance your existing loan with another mortgage provider, that lender will require a structural warranty.
If you would like to find out more about a building or home warranty then please contact Evolution Insurance. Evolution Insurance specialise in providing home and building warranties for builders and home owners. Evolution offer a range of 10 year building warranty insurance solutions available to protect against property structural defects.
Healthcare IT Outsourcing Market by Focus on Improved Healthcare Administration Health Articles | March 19, 2016
Transparency Market Research Report Added "Healthcare IT Outsourcing Market - Global Industry Analysis Jamel Dean Youth Jersey , Growth, Trends and Forecast 2015 - 2023"
According to a new market report published by Transparency Market Research titled “Healthcare IT Outsourcing Market - Global Industry Analysis, Size Sean Murphy-Bunting Youth Jersey , Share, Growth, Trends and Forecast 2015 - 2023 Devin White Youth Jersey ,” the global healthcare IT outsourcing market is expected to reach a value of US$61.28 bn by 2023. The market is estimated to expand at a CAGR of 6.7% during the forecast period from 2015 to 2023. The need to curb high costs of in-house healthcare IT systems, growing government regulations and mandates, and growing focus on healthcare analytics are driving the expansion of the healthcare IT outsourcing market globally.
North America was the largest market for healthcare IT outsourcing in the year 2014 O. J. Howard Youth Jersey , with a market share of around 40%. The adoption of healthcare IT outsourcing solutions in the healthcare payers and provider facilities of North America has improved healthcare productivity by enabling them to deliver better quality care at lower cost. Asia Pacific is expected to be the fastest growing market for healthcare IT outsourcing at a projected CAGR of 10.5% during the forecast period (2015 – 2023).
Factors such as rising growth in healthcare infrastructure, demand for cost-effective IT administrative services, and growing government interventions to encourage technology-driven affordable healthcare services Vita Vea Youth Jersey , are expected to lead to the growth of the healthcare IT outsourcing market. Moreover, rising overall healthcare spending and rising patient base across the globe further drives the need to outsource IT solutions for optimum healthcare management and increased focus on core healthcare operations.
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