Home Sellers Insurance
£69.00
Selling a property can be a complex and costly process, and if the transaction doesn’t go through, the financial impact can be significant.
With Home Sellers Insurance from Intelligent Home Information, you can protect yourself against the unexpected costs of a failed sale. For just £69, the policy covers up to £1500 for home selling costs, ensuring that you won’t be left out of pocket.
This insurance ensures that if your property sale doesn’t proceed, you’ll be reimbursed for the costs you’ve already paid, up to a maximum of £1500.
Did you know, last year alone, property transactions cost buyers thousands due to unexpected fall-throughs?
1 in 5 property transactions in the UK fall through*
This leaves buyers vulnerable to lost deposits, legal fees,
and other unexpected costs – home buyers insurance
can help protect you from these financial setbacks.
Source: *TwentyCi 2025
The average cost of a failed property transaction is over £1,000*
Those who experience property transaction failure, about one in four buyers and sellers had incurred wasted costs of more than a £1,000.
Source: *UKGov
What’s Covered by Home Sellers Insurance?
Our Home Sellers Insurance offers valuable financial protection if your property sale doesn’t proceed as planned. If your sale falls through for any reason, our insurance ensures that you won’t be left out of pocket for the costs already incurred.
Our policy covers up to £1500 for the following expenses:
- Legal Fees: This includes the costs associated with hiring solicitors or other legal professionals to assist with the sale. Whether it’s preparing contracts, managing the sale process, or dealing with any legal issues that arise during the transaction, these fees can add up quickly. Our insurance covers these costs, so you’re not financially burdened if the sale doesn’t go ahead.
- Conveyancing Fees: Conveyancing is the legal work involved in transferring ownership of the property from seller to buyer. This includes a range of activities such as preparing and exchanging contracts, handling title deeds, and ensuring the correct legal paperwork is completed. Conveyancing fees can be a significant cost in the property selling process, and our Home Sellers Insurance ensures you are reimbursed for these fees if the sale is cancelled or aborted.
- Disbursements: Disbursements are additional costs that are incurred during the selling process but are usually paid out to third parties. These may include fees for title searches, property registration, and other administrative expenses related to the property sale. Disbursements can also cover other necessary services such as property surveys or compliance checks. Our insurance ensures that these costs are also covered if your sale falls through.
With our Home Sellers Insurance, you’re protected from the unexpected financial strain of a failed property sale. Whether the deal collapses due to issues with the buyer’s financing, survey problems, or any other unforeseen circumstances, our insurance will reimburse you for the costs you’ve already paid, up to a maximum of £1500.
How does Home Sellers Insurance work?
Our Home Buyers Sellers Insurance works by reimbursing you for eligible costs if the transaction is aborted. After purchasing the policy through Intelligent Home Information, should your transaction fail for covered reasons, you can submit a claim to recover the costs you incurred.
Here’s how the process works:
- 1Obtain the insurance: Purchase the insurance at the start of your transaction.
- 2Complete your transaction steps: Continue with your property transaction, confident that you’re protected in case the deal doesn’t go through.
- 3Claim in case of failure: If your sale falls through for covered reasons, submit a claim to recover the costs you incurred during the sale process.
It’s that simple. With Home Sellers Insurance, you’ll be protected from unexpected costs, allowing you to move forward without financial worry.
Order your Home Sellers Insurance
| Home Sellers Insurance Cover | Cover |
|---|---|
| This package is designed to cover home selling costs up to £1500, including: | £1500.00 |
| Cover Breakdown | |
|
|
| Insured Events | |
The buyer having to withdraw due to:
The seller or buyer having to withdraw:
|
|
| Total Insured Value | £1500.00 |
Home Sellers Insurance £69.00
When purchasing Home Buyers Insurance you will be redirected to the Lets Insure site to complete your order.
Why You Need Home Sellers Insurance
Selling a property can be a long and uncertain journey. Sometimes, despite your best efforts, issues can arise that cause the sale to fall through. This could be due to a buyer’s financing falling through, problems found during the survey, or changes in the buyer’s circumstances.
With Home Sellers Insurance, you’re protected from the financial impact of these issues. The insurance covers key selling costs, so you don’t have to worry about losing money if the transaction falls apart.
Why Choose Intelligent Home Information?
At Intelligent Home Information, we understand that property transactions are often unpredictable and stressful. Whether you’re buying or selling, the process is complex, and unexpected setbacks can lead to significant financial costs. That’s why our Home Sellers Insurance is designed to offer the most comprehensive coverage available, giving you peace of mind and financial protection throughout the entire selling process.
Unlike other insurance providers that may only cover a limited set of costs, we ensure you’re protected against a wide range of potential expenses, including legal fees, conveyancing costs and disbursements. This means you’re safeguarded from the financial impact of a failed property sale, no matter the reason. With Intelligent Home Information, you can proceed with confidence, knowing that you’re supported by a reliable and robust insurance policy tailored to meet your needs. Our goal is to make your property journey as smooth and worry-free as possible.
Who Can Benefit from Home Sellers Insurance?
We believe that property transactions should be straightforward, secure, and free from financial uncertainty. Our Home Sellers Insurance is crafted to provide much-needed protection for sellers, offering peace of mind during what can sometimes be an unpredictable process.
Home Sellers: If you’re selling a property and the sale falls through, you may be left with substantial costs, including legal fees, conveyancing fees, and disbursements. Our Home Sellers Insurance covers these expenses, ensuring you’re not financially burdened by an unexpected cancellation of the sale. This allows you to move forward with the sale process without worrying about losing money.
Conveyancers and Solicitors: As professionals advising clients on property transactions, you can help provide additional security and peace of mind by recommending Home Sellers Insurance. With this insurance, your clients are protected from the risk of financial loss if the property sale doesn’t proceed, ensuring that they’re not left with unexpected costs during the transaction.
Home Sellers Insurance FAQs
The premium is payable by the customer in full on or before the date on which insurance cover incepts. At the end the month for which that policy was incepted, you will submit a bordereau of all bound insurance risks and remit the net premium to us (the premium paid by customer less your agreed commission), plus Insurance Premium Tax at the prevailing rate. IPT is payable on the retail premium paid by the customer.
The premium is calculated per residential property transaction in the territorial limit. So, if you were buying a property and selling a property at the same time and wanted to enjoy protection on both transactions, you would need to pay a premium for the purchase transaction and another premium for the sale transaction, plus Insurance Premium Tax at the prevailing rate.
a) Cooling-off period
You can cancel this insurance, without giving any reason, within 14 days of the inception date or within 14 days of receiving your policy documents, whichever is later. If you wish to exercise this right, you must notify the administrator. You will be entitled to a full refund of premium paid as long as you have not made a claim under this insurance.
b) Outside the cooling-off period
You can cancel this insurance at any other time, subject to providing the administrator with 7 days’ notice. As long as you have not made a claim under this insurance (or are not aware of any event or circumstance which could give rise to a claim under this insurance) and subject to the terms of business between you and the administrator, you may be entitled to a partial refund of premium
No, the property should be a private, residential dwelling.
No, the property being purchased or sold must be located in England and Wales.
No, the cover cannot be taken out after a survey or searches have been completed as there may be prior knowledge of something existing that would affect the purchase being completed.
Residential Abortive Transaction Insurance should be purchased prior to or at the time a solicitor or licensed conveyancer is instructed to commence conveyancing work with the intention of completing the purchase or sale of the residential property.
The cover will automatically cancel at the earliest occurrence of the following:
- 12 months from the inception date; or
- the date on which the first transaction is successfully completed and no claim is made under the policy; or
- the date on which the second transaction is successfully completed and no claim is made under the policy; or
- the date on which costs and expenses are paid under this insurance for the third transaction and the claim is closed or where the maximum amount payable is reached for the third transaction which results in the claim being closed.
There is no cover for:
- Claims arising before the insurance started
- Claims during the first 24 hours of cover
- Transactions not declared in the timeframe outlined
- Any voluntary withdrawal from a transaction
- Claims that occur as a direct result of a delay caused by the policyholder
- Flood risks
- Title defects
For the Home Buyers product:
- The seller accepts an alternative offer for the property
- The seller withdrawing for reasons beyond the control of the buyer
- The buyer having to withdraw due to:
- An adverse legal search
- An adverse survey
- The mortgage lender’s valuation of the property being less than 90% of the sum offered by the buyer
- Where the buyer was purchasing the property for the purposes of relocating for work, the employer decides to no longer move their premises from its original location
- Unexpected involuntary redundancy
- The policyholder or family member dying or suffering an unforeseen illness or physical bodily injury caused by a sudden and specific accident
For the Home Sellers product:
- The buyer having to withdraw due to:
- Reasons beyond the control of the buyer
- An adverse legal search
- An adverse survey
- The mortgage lender’s valuation of the property being less than 90% of the sum offered by the buyer
- The seller or buyer having to withdraw:
- Where the buyer was purchasing the property for the purposes of relocating for work, the employer decides to no longer move their premises from its original location
- Unexpected involuntary redundancy
- The policyholder or family member dying or suffering an unforeseen illness or physical bodily injury caused by a sudden and specific accident
For the Home Buyers product, the cover is limited to:
- £1500 for home buying costs to cover:
- Mortgage lender arrangement fees
- Mortgage lender valuation fees
- Conveyancing fees
- Survey fees and searches
- Disbursements
- £300 for mortgage advisor’s fees
- £500 for alternative accommodation
For the Home Sellers product, the cover is limited to:
- £1500 for home selling costs to cover:
- Legal fees
- Conveyancing fees
- Disbursements
The premium price for Abortive Transaction Insurance is £69.00 inc. IPT
Residential Abortive Transaction Insurance provides cover for costs incurred during the house buying and selling process, such as conveyancing fees, survey/search fees and mortgage lender fees, in the event of the purchase and sale of a residential property falling through.
Buying, Selling or Buying & Selling a House?
Home Buyers Insurance
£69.00
This package is designed to cover home buying costs up to £1500, including:
• Mortgage lender arrangement fees
• Mortgage lender valuation fees
• Conveyancing fees
• Survey fees and searches
• Disbursements
• £300 for mortgage advisor’s fees
• £500 for alternative accommodation
When purchasing Home Buyers Insurance you will be redirected to the Lets Insure site to complete your order.
Intelligent Home Information offers vital, upfront property reports to help you make more informed decisions before buying your new home. With the latest information on hand, navigating the buying or selling process is a breeze!
