Buyer Protection Policy

There are certain risks involved when you make the big decision to put in an offer on a house. For example, someone else could come in with a higher offer and gazump you out of contention. The offer could fall through for any number of reasons, for example, the seller might not actually be legally entitled to sell the property. And then what happens to all the fees that you’ve already paid? Without home buyers' protection insurance, those fees are entirely your loss. With home buyers' protection insurance, however, you can rest assured that you’ll recoup your costs.

Key benefits of home buyers’ protection insurance

  • Property owner withdrawing the house from the market
  • Gazumping protection
  • Vendor not legally entitled to the property
  • Cover for properties in England and Wales
  • You, or a person you are purchasing the property with, being given a notice of redundancy
  • Your death, or the death of the person you are purchasing the property
  • Conveyancing Fees  £1500
  • Valuation Fees and Survey Fees  £750
  • Mortgage and Arrangement Fees  £450
  • Alternative Storage and Accommodation costs  £300

You can get Premium Home Buyer Protection when you buy our Premium Buyer Protection:

Learn about Premium Buyer Protection

Important notes

Gazumping is when another purchaser puts in a better offer on the property after your offer has been accepted. Your offer is then refused. Gazumping is not uncommon, which is why protection is highly recommended.

Ensure that conveyancing is carried out by a solicitor or licensed conveyancer; otherwise your policy may be negated.    
The policy doesn't cover costs if you withdraw your purchase offer because you had a change of heart. You are only covered for risks detailed in the policy documents.    
You must purchase home buyers’ protection insurance within 7 days of your offer being accepted.

You can find further information on the link below:      
Premium Home Buyers Protection Insurance Policy Wording

Home Legal Direct is an Appointed Representative of Rhino Protect Limited who are authorised and regulated by the Financial Conduct Authority (FCA). FCA Firm reference Number is 452369. Home Legal Direct regulatory status only applies to Premium Home Buyers Protection Insurance. Rhino Protect Limited does not regulate any other products or services provided by Home Legal Direct.  

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