Newbuild and NHBC Disputes
The National House-Building Council (NHBC) is the UK’s leading warranty and insurance provider for new homes. Established in 1936, NHBC sets standards for its registered house builders and works to improve the construction quality of the homes they build. This is ultimately for the benefit of homeowners. NHBC is a non-profit distributing organisation with no shareholders, that dedicates resources and technical expertise to support the industry in raising the standards of new homes. NHBC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Before being incorporated into the NHBC register, a builder must be able to show that they are technically capable and financially solvent, and agree to abide by the NHBC Rules and Standards which are in place to safeguard the integrity of builders’ workmanship. The NHBC technicians examine homes at the design stage and carry out inspections at key stages of construction.
The NHBC also runs the Buildmark scheme which indemnifies homes built by NHBC registered builders for ten years once the NHBC has certified them as finished. The Buildmark scheme safeguards a client’s money if the builder goes into insolvency after missives have been concluded but before the property is completed. The Buildmark scheme also covers defects which arise because the builder has not conformed with the NHBC Rules and Standards.
Under the first two years of the Buildmark scheme, the builder is responsible for putting right any defects – known as snagging. Up until 10 years, damage to a home resulting from building defects is covered by an insurance policy.
At BBM we advise on all aspects of new home purchases, sa and contracts.
Newbuild and NHBC Disputes Solicitors Edinburgh, Inverness, Aberdeen & Highlands in Scotland
For more advice on Newbuild and NHBC Disputes, fill in our contact form or call us: Edinburgh 0131 526 3280 Wick 01955 604188