What do I need to know about buying a newly built home?

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Petter
Posts: 62
Joined: Thu Apr 21, 2016 9:44 am

What do I need to know about buying a newly built home?

Postby Petter » Fri Apr 29, 2016 9:58 am

If you are buying a house that is less than 10 years old, it should be covered by a National House Building Council Buildmark scheme, or some other warranty. The warranty will transfer to a new owner, but will only cover defects that appear after the house has been sold. Defects that were (or could have been) spotted before the purchase will be covered only if the person who owned the property before has already made a claim. If your surveyor notices a problem that might be covered by the scheme, the seller (not you) must make a claim under the warranty to get it fixed.

Contact the National House Building Council for more information.



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