(September 11, 2013) Evolution Building Warranties, one of the leading insurance brokers in the U.K., offers Judicial Review Insurance to cover possible financial losses in case of a Judicial Review. This legal process is usually done to challenge the lawfulness of a decision made by a public authority.

Judicial reviews are very common and it is a big concern for developers in the United Kingdom. Since planning consents are required for any kind of building, engineering or mining operations, judicial review challenges may or may not happen during the property development.

Though a planning consent is given by Local Planning Authorities, it does not mean that a particular property will already be safe from judicial reviews. As long as the decision is made by a public authority, members of the public are allowed to file a judicial review challenge towards a particular planning consent released. Financial losses are inevitable because holding a consented site for almost 6 weeks may cost the developers a huge amount of money. There are also risks to the current developments made on the site.

Evolution Building Warranties guarantees that any financial losses associated with a judicial review challenge will be covered through their Legal Indemnity Insurance policy. As one of the leading insurance brokers in the United Kingdom, they have the required knowledge and expertise to ensure that their clients will obtain the best building warranty insurance depending on their needs. They specialize in a wide range of building warranty solutions and it includes a Legal Indemnity Insurance or Judicial Review Insurance.

The continuous success of the company is due to their in-depth knowledge in the building, development and construction industry. They also have highly experienced construction teams and they have the ability to understand the warranty requirements of their clients.

According to various analysts, a judicial review may or may not happen, but most of the establishments on a particular location, especially in the United Kingdom are always at risk of judicial review challenges. Problems may arise if there are already buildings created on the land and the judicial review challenge is successful. In case of a successful judicial review challenge, certain buildings will be demolished when the planning consent is overrun. It will cause a terrible financial loss to the developers and it may affect their projects in the near future. The Judicial Review Insurance guarantees financial coverage on various costs associated with the challenge including cost in obtaining the planning permission, the cost of demolition for existing buildings, interest and business rate savings, professional fees and full reinstatement costs in modern materials.

Judicial Review Insurance allows the developers to continue working with their property development instead of holding the construction to wait for the result of the judicial review. Since the developers are insured, all the possible financial losses if the consent will be relieved are covered by Evolution Building Warranties. These legal insurances are quite complicated so the Evolution Building Warranties will always be there to assist and provide some advice with regard to these concerns.



Company Name: Evolution Building Warranties
Complete Address: 53a High Street, Saffron Walden, Essex
Zip Code: CB10 1AA
Phone: 0845 459 7185
Email: [email protected]
Website: http://www.buildingwarranties.com/