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Is ClozeSure insurance?
No. ClozeSure is not a contract of insurance, nor an insurance company, it is a legally binding contract under UK property law.
No. ClozeSure is not a contract of insurance, nor an insurance company, it is a legally binding contract under UK property law. The ClozeSure Group is a well funded property company who aim to aquire and profit from the ownership of saleable residential properties in England and Wales.
In detail, ClozeSure is a Purchase Option Agreement, where the seller has the option to oblige (or not) ClozeSure to purchase their property in the event that their buyer pulls out following exchange of contracts (forfeiting their deposit).