Please note that we have changed the way we charge administration fees. This change is effective on 01/08/24.

We will no longer charge a fee at MTA / Extension stage. Instead, we will apply a fee per risk at New Business stage based on the following scale:

£10 – Premiums between £0 & £250 plus tax

£25 – Premiums between £251 & £1,000 plus tax

£50 – Premiums between £1,001 & £10,000 plus tax

£100 – Premiums exceeding £10,000 plus tax

We can confirm that our analysis has concluded that this change in our fee charging structure does not affect fair value. It also ensures a fair and consistent application of fees on a proportional basis, and does not penalise policyholders who experience project delays outside of their control.

The Renovation Underwriting Team