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Security for Expenses Scheme

Security for Expenses Bonds - Alternatives

Depositing cash security is an alternative to using bonds.
Security for Expenses Bonds - Alternatives

Benefits of Party Wall Bonds

The primary benefit of bonds over a security deposit are that they don't tie up the cash funds for the duration of the works.

Drawbacks of Party Wall Bonds

Like all bonds and insurance policies, the primary drawback is that even if the 'peril' doesn't come to pass, the cost of the policy or bond is lost.  While there might have been a perceived benefit in not having funds tied up, the net cost to the building owner was almost certainly higher.

Party Wall Bonds Suppliers

We are not aware of any party wall bond suppliers currently operating in the UK market.

Open a free Security for Expenses Account

You can open a free Security for Expenses account at any time, 24/7.
Security held at the Bank of England.