Abortive Planning Costs Insurance
YOUR JOURNEY STARTS HERE…
The Pre-planning and Planning Stage – When considering how viable a project is from a planning perspective, refusal to grant permission is one of the biggest risks. These risks can be covered with “Abortive Planning Costs” insurance.
The costs to obtain planning permission can escalate when considering the scale of your project.
Fees can include:
- Preliminary Site Investigations
- Planning Fees
- Project management costs associated with the proposal (these can include various consultant’s fees, architects, surveyors, flood risk engineers, landscape architects and accountants fees)
- Legal Fees
- Local Planning Authority pre-application fees
- Market Research costs
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Peace of Mind for Developers
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Remove Risk to Funders
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Protection for all Planning Costs
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Limits up to £1,500,000
REQUEST A CALLBACK FOR MORE INFORMATION
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Typical Costs to Secure Planning Can Exceed £100,000
Why not protect yourself against potentially losing this?
There is also the possibility to add any additional specific costs that may be rendered abortive if planning is refused and has the flexibility to extend cover to funders or other parties with the insurer’s consent and mix the policy with other products to reduce risks associated with a development.
Speak to us about your development and we’ll arrange for a quote.
COVER YOUR RISK AGAINST PLANNING REFUSAL