Changes to Checkmate and the impact on Code compliance

Checkmate (a former trading name of Lockton Companies LLP) has recently undergone some changes which affect how the Code will apply to future policies.

Lockton Companies LLP has exited the latent defects (home warranty) market, having initially paused the sale of new home warranty policies in summer 2022. 

As the Checkmate brand is continuing under new ownership, the Code and Lockton Companies LLP will refer to the Checkmate home warranty body as Lockton Checkmate to minimise the risk of confusion.

Existing Lockton Checkmate customers, including developers that have bought policies for homes which are not yet built or completed, will not be affected. All existing policies sold to developers prior to August 2022 remain active and the Consumer Code for Home Builders will continue to apply in these cases once these properties have been reserved. This means builders will still need to comply with the Code and consumers will still have access to the additional protection the Code offers.

Simon Coleman, Senior Vice President, Lockton Companies LLP, said: “Although we are not seeking new business in this area, we remain 100% committed to our existing clients, including those developers who have bought policies from us that will become active on completion of each property, the owners of those homes, and consumers who already have a Lockton Checkmate home warranty policy in place.”

For any queries, please contact Lockton Companies LLP directly on 020 7933 2626 or underwriting@checkmate.uk.com