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NHBC Buildmark Warranty
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If you are buying a new home you should be offered a NHBC guarantee as to the soundness of the construction.
The National House Building Council (NHBC) is a non-profit making body whose inspectors examine new properties and, providing the builder is registered and the property meets standards drawn up by the NHBC, will issue a Buildmark Warranty.
The warranty is a certificate of sound construction and offers substantial insurance protection against any building faults or structuraldefects for a period of 10 years up to a maximum liability of the original purchase price adjusted to take account of inflation.
See also...
- Moneyextra's Mortgage Centre
- Moneyextra's Mortgage Comparison Service
Last Updated: February 2008 © Moneyextra.com
Our senior editor Robin Amlôt recommends you should consider taking independent financial advice before acting on any article. Please contact us for help with your individual circumstances if any assistance is required.