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.
Local Authority Building Control (LABC) New Home Warranty
The LABC New Home Warranty is a quality service offering specific competitive products for speculative residential housing, social housing and self-build. The LABC New Home Warranty scheme has been created in partnership between LABC, the representative body for Local Authority Building Control, and MD Insurance Services Limited (MDIS) the company that administers the scheme which is regulated by the Financial Services Authority (FSA).
LABC New Home Warranty
This caters for speculative developers and builders covering conversions, new build and mixed use developments. The product recognises and rewards quality projects with competitive premiums and market-leading terms. Service and support is fast and seamless because of MDIS’s experienced, dedicated customer service team.
LABC Social Housing Warranty
A competitive tailored solution covering shared-ownership, rented or key worker accommodation projects. Quality is rewarded with the same advantages given to speculative developers. Cover can be provided for either a 10 or 12 year period.
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 excellent service, based on MDIS’s extensive experience of self-build projects.
How to get a Quotation
Telephone: 0845 054 0505,
or download an application form from the website: www.labcnhw.co.uk
Other Warranty Schemes:
National House Building Council (NHBC) Warranty
For further information please contact NHBC direct: National House Building Council, Ash House, Dencora Business Park, Breckland, Linford Wood, Milton Keynes, MK14 6ET
Disclaimer: The companies listed are provided for information only and are not a recommendation of any service or product.