Canopius reveals homebuyer fees product

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Canopius has launched a homebuyer fees insurance product which it said protects homebuyers against the loss of fees if a property purchase falls through.

The provider stated that the policy will be available via insurance brokers, mortgage brokers and IFAs, adding that the launch followed a successful pilot with specialist insurance broker Surewise.com.

According to Canopius, the launch coincides with estate agents reporting an increase in the number of purchases collapsing after offers have b

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