Joel RobinsonAugust 17, 2025Resilience latent defect insurance
Autobiography is the youngest building contractor who takes out the coveted 10-year latent defect insurance policy from the resilience insurance.
The autobiography has locked up the new insurance company, which covers the buyers of apartment apartment buyers for structural or waterproof defects in a building for 10 years after completing the development in their latest residential project in Wickham on the edge of Newcastle.
The development, autobiography in Wickham, will bring 150 one, two- and three-bedroom apartments to the Railway Lane, a stone's throw from the Newcastle exchange and to the retail and dining room district of honey drive.
It is one of only two multi -superior developments on the market in the Newcastle region to complete the latent defect insurance policy, the other third parties. I.
In contrast to conventional guarantees, LDI covers residential owners from the first day and protects against structural defects, including cracks, water in and other latent construction problems, which can arise from the lifespan of the building.
The guideline is carried out by the developer before construction and applies to the entire building and its individual units. This ensures that the owners have a direct recourse without having to initiate costly or long legal processes.
“If the buyers have full insurance protection for 10 years, they have full protection from the first day,” said Corey Nugent, CEO of Resilience Insurance.
Autobiography in Wickham was designed by Urbanacorp in collaboration with the architect Nicholas Lycenko and Paul Scriverer Landscape Design and is built for the inner city lifestyle.
A number of amenities will only be resident, including a fully equipped fitness studio, a yoga and Pilates studio, a wellness center, a swimming pool in the ground, a created grill area, a children's playground and a series of common interiors. Practical additions such as EV charging stations and additional parking spaces further reflect the future-oriented approach of the project.
Autobiography Wickham is one of several projects that are currently being carried out by the developer.
You have autobiography in Belrose Collection and Autobiography at Broadmeadow. In 2022 they completed autobiography in Adamstown, 40 apartments over four business premises.