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1 in 3 residential property transactions fall through costing thousands on average.
Buying or selling a property can be exciting, but also stressful. What if the sale falls through unexpectedly, leaving you thousands out of pocket in fees?
This is where Residential Abortive Transaction Insurance (RATI) comes in. Our comprehensive cover protects you against the financial impact of a failed transaction, offering peace of mind throughout the process.
Residential Abortive Transaction Insurance provides cover for costs incurred during the house buying and selling process in the event of the purchase and sale of a residential property falling through. Fees covered include:
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conveyancing fees.
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survey/search fees.
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mortgage lender fees.
Get a free, no-obligation quote online today and secure your peace of mind during your property transaction!
What you are covered for:
Costs of buying or selling your property if the transaction falls through
Our policy reimburses you for legal fees, surveys, searches, mortgage fees, and more, up to £1,500 for buyers and £1,500 for sellers.
Mortgage Adviors Fees
Up to £300 Morgage Advisor fees covered if your purchase falls through.
Alternative Accommodation cover
£500 for alternative accommodation if unforeseen circumstances delay your move-in.
Why Choose RATI: Your Safety Net for Buying or Selling
Buying or selling a house? It's exciting, but let's face it, things can go wrong. What if the deal falls through at the last minute? You could be stuck paying thousands for lawyer fees, surveys, and other expenses.
RATI insurance is your safety net.
Unlike most others, we can provide cover for both buyers and sellers, so you're covered no matter what happens.
Imagine this: You found your dream home, got all the paperwork done, but then... the seller backs out. Ouch! You're left with huge bills that could derail your plans.
With RATI, you wouldn't sweat it. We reimburse you for those costs, up to £1,500 for buyers and sellers. Plus, buyers get extra protection: £300 for mortgage advisor fees and even £500 for temporary accommodation if you get delayed.
The best part? It's affordable and simple. Our flat fee of £69 including Insurance Premium Tax covers you for a year, and getting a quote takes minutes online.
