Exchange Bond® - The Industry Standard
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Exchange Bond® - The Industry Standard
The Exchange insurance Company Limited
3 America Square
London EC3N 2LR
Tel: +44 (0)20 7256 3970
Obtaining an Exchange Bond® couldn't be easier. The steps for all Exchange Bond® types are:
Get a personalised estimate now using 'Quick Quote'
Corporate buyers may be asked to provide additional information as part of the underwriting process. This may include recent reports and accounts/trading figures, and/or an asset validation certificate ratified by an accounting firm. In certain circumstances we may ask for personal guarantees from the directors.
If, as a buyer, you fail to complete your property purchase, The Exchange Insurance Company will do the following:
If it is the seller who fails to complete then no payment is made by The Exchange Insurance Company to the seller and there is nothing more to be paid by you.
If completion is delayed beyond the expiry date of the Exchange Bond®, then you will need to pay for an extension certificate (Term or Overseas Exchange Bond®) or buy a new bond (General Exchange Bond®).
What are the different types of Exchange Bond?
What does an Exchange Bond cost?