New Homes Warranty

What is a new homes warranty?

A new home warranty is a 10 year insurance policy which protects buyers of new homes from structural defects.

Having an LABC Warranty in place gives any potential home buyers peace of mind that the property has been built to the highest standards. Each project will benefit from the expertise of our Risk Management Surveyors and unique partnership with your Local Authority Building Control team.

It is also a condition of most mortgage applications that a structural warranty is in place for newly built or converted properties. 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. For full details of the policy cover please download our latest policy.

 

SUMMARY OF COVER

Up to £25M
Continuous Structure Limit -
New Build: £25,000,000
Conversions: £5,000,000
10 Years
Cover Period -
Defects Period: 2 years Structural Period: 8 years
From £100
Excess -
Defects Insurance Period: £100
Structural Insurance Period: £1,000
Up to 1M
Financial Limits -
New Build: £1,000,000
Conversions: £500,000

COVER INCLUDES

Developer Insolvency Cover (subject to approval)
Contaminated Land Cover
Alternative Accommodation
Additional Costs / Fees
Removal of Debris
Cover for Building Control function
accepted by all leading lenders

Why choose LABC Warranty?

A’ rated insurers

All of our policies are underwritten by ‘A’ rated insurers, giving you and your customer’s peace of mind.

Lender Approval

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 homes. Find out more

Consumer Code Member

As a Founding member of the Consumer Code for Home Builders our structural warranty gives your buyers extra comfort.

LABC partners

You will benefit from the expertise of our Risk Management Surveyors, working alongside your Local Authority Building Control team.

How to apply for a LABC Warranty

You can get a quote by completing our online application form. To complete the application we’ll need to know a few important things, such as – project location, number of units, the estimated sale value and your developments start and end dates. Our insurance boffins can then crunch all the numbers and give you a quote. Once you are happy and accepted the quote then your Risk Management Surveyor will be in touch…

GET A QUOTE

How we work with you on site

We have a national network of experienced surveyors who work closely with you and your Local Authority Building Control team. Your Risk Management Surveyor will tailor the inspections to the needs of you site. You will also receive a detailed Technical Manual, accredited by RIBA and CIAT to provide you with guidance on each stage of the build.

GET A QUOTE

 

 

GOT A QUESTION?

OTHER SERVICES

Self Builders

We work with you to help build your dream home. Our self-build warranty provides security, peace of mind and can be used to secure finance from lenders.

Housing Associations

We provide a range of structural warranties for providers of social or affordable housing designed to protect assets and deliver high quality housing.

Home Owners

Our LABC Warranty protects your new home from structural damage that may occur during the first ten years after your home is completed.

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