Solstar recently arranged specialist insurance for the £18.6M purchase of a Grade B commercial office block in Aberdeen. The property had been unoccupied for up to a year, creating a high-risk profile and limiting insurer options, especially given the building’s size and commercial use. Portway was managing the purchase, and although the client had an existing broker, they needed a more tailored and comprehensive solution to meet lender requirements.

Partnering with our trusted insurer network, Solstar secured a policy that not only met all of the lender’s requirements – including noting their interest – but also provided broader protection at competitive terms. The policy addressed the increased risks associated with the vacant property, ensuring comprehensive coverage despite the complexities. We worked closely with both the lender and solicitors, ensuring fast and accurate submission of all necessary paperwork to avoid delays in the completion process.

Through our proactive approach, market expertise, and strong relationships, Solstar successfully facilitated a smooth transaction for the client. This case highlights our ability to handle complex insurance needs, delivering a seamless and reliable service that positions us as a trusted partner for future business.