URGENT: No NHBC on repo home i'm trying to buy.

Milliewilly

Yes my reply was in relation to the last 10 years comment made by timmyt.

Its actually for property built since 2003 that lenders enforce the NHBC or similar and whan I say similar they only really accept Zurich, they will squeal over an Architects certificate - its like buying home or car insurance anything slightly different from the norm and the high street lenders don't want to know.

timmyt

MIKE TEAS - well done, I had forgotten about this policy. There are tight exclusions which the lender may not like, but try it, though the OPs lawyer will surely.

Wil it cover flats etc

The Lender should be apporached but I doubt they'll like it...but who knows.

What i suggest is having the seller agree to take it out as well as applying to NHBC...belt and braces, bu I think the exclusions might not be satisfied from memory.

It is not cheap frommemory though...but OP wont care its the sellers problem

I have three clients where I need NHBC and this policy wont help but it might for OP.....

timmyt

update please OP?

jslnc

I have the same problem here as well.

All the funds ( mortgage advance & down payment) have been transfer, my solicitor said the vendor solicitor email her and said the Zurich guarantee may be invalid.

This is a Redevelopment apartments in 2009. The apartment on top of mine has been sold without any problems in last year. The nearest sold history was on March 2010.

I was told that I can get the key on last friday, .. but I was told to wait ..

I dont know how long to wait for. All the expenses are coming to me.. like bank interests, increased solicitor fees..

I asked my solicitor the reason why she cannot find out the problems of this, she said she was just been told by the solicitor of the vendor.

I am curently live in a tempory accommodation, and ... I dont know how long I need to wait for.

Anyone could help?

Thanks
Jslc