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| Self Build: Structural Warranties and Guarantees |
Building Societies and Banks generally require that newly built houses have a structural warranty and guarantee. It is general practice for builders of new homes to offer a 10 year structural guarantee, as this is usually a requirement for any mortgage. These guarantees are essentially a ten-year insurance policy which covers the home owner against physical damage to the property caused by a defect which results from the builder failing to construct it to the required standards.
Organisations who provide such guarantees include the National House Building Council (NHBC) and Zurich Mutual. A new scheme has also been launched by LABC (Local Authority Building Control).
NHBC Solo for Self Build
NHBC's Solo for Self Build is a 10-year warranty and insurance policy, designed exclusively for individuals who want to build their own home (or contract a builder to carry out all or part of the work), and live in it themselves.
LABC Self Build Warranty
Designed specifically for individuals building their own homes - both new build and conversions – to provide peace of mind. Quality is rewarded through competitive premiums and service based on extensive experience of self build projects.
Zurich Building Guarantee
Zurich Building Guarantee provides both Building Control services and new home warranty products for newly built homes and major refurbishments for sale or for rent. Zurich offer a range of house warranties including one specifically for self builders, known as the Zurich '10' policy.
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| Self Build: Further Information: House Warranties |
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