Convert On Year Warranty For Free
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Below is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.
Do you need a warranty for a conversion?
Why Is A Conversion Warranty Important? If the development is to be converted for residential use, a building warranty is required to satisfy the majority of mortgage lenders will also insist that a recognized structural warranty is in place for each newly built property.
Do you need a new build warranty for a conversion?
If the development is to be converted for residential use, a building warranty is required to satisfy the majority of mortgage lenders will also insist that a recognized structural warranty is in place for each newly built property.
Do you need NBC for a conversion?
There is no NBC warranty (the flat is classed as a conversion, even though the building is effectively being completely rebuilt).
Do all new builds have a guarantee?
There are three main providers of new home warranties the National House-Building Council (NBC), Local Authority Building Control Warranty (LAB) and Premier Guarantee. These operate under the Consumer Code for Home Builders. The NBC warranty is the most common, covering 80% of the new build market.
What does a new build warranty cover?
A new home warranty is a 10-year insurance policy which protects buyers of new homes from structural defects. Our New Homes cover is widely accepted by the leading banks and building societies helping potential buyers obtain the mortgage they need to purchase your new homes.
Is a conversion classed as a new build?
A new build property is described as a building that has been built in the last 24 months, which includes property bought directly from a builder or developer. It also includes one yet to be occupied for the first time and/or is yet to be occupied in its current form, for example following a renovation or conversion.
Is NBC required for a conversion?
There is no NBC warranty (the flat is classed as a conversion, even though the building is effectively being completely rebuilt).
Are NBC standards mandatory?
'NBC Requirements The mandatory 'technical requirements' that we publish in the NBC Standards which are in force when the Builder begins the construction of the foundations (including ground improvement techniques) or (where pre-existing foundations are used) begins construction work.
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