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House comes with latent & defect insurance policy but no completion certificate
Tallulah-32
Posts: 49 Forumite
Looking at purchasing an unfinished new build. It is 1 of 8 houses on a very small development. 5 of the houses were built and finished. This is the last house left on the development. The builder went into liquidation and now a fixed receiver is selling the property on behalf of the bank.
The property comes with a 10 year latent and defect insurance policy from Global Warranties Ltd. I called Building Control today and they said there is no completion certificate and no other certificates as Building Control only issue one certificate at the end when the works have completed.
I'd appreciate advice please on the following:
Is it too late to commission a full structural survey to check that the foundations and structure of house are safe? Foundations are piled and I'd want to check that they are standard.
If we commissioned a full structural survey (and the works were subsequently carried out) could we then obtain a completion certificate from Building Control?
The house would be our family home and we wouldn't be looking to sell for years however you never know what is round the corner and I wouldn't want to buy something that may be very difficult to sell. It's a fabulous house and comes with a 10 year policy we'd look to extend but still - buying a house is a big investment I know.
Any advice would be much appreciated please.
Many thanks
The property comes with a 10 year latent and defect insurance policy from Global Warranties Ltd. I called Building Control today and they said there is no completion certificate and no other certificates as Building Control only issue one certificate at the end when the works have completed.
I'd appreciate advice please on the following:
Is it too late to commission a full structural survey to check that the foundations and structure of house are safe? Foundations are piled and I'd want to check that they are standard.
If we commissioned a full structural survey (and the works were subsequently carried out) could we then obtain a completion certificate from Building Control?
The house would be our family home and we wouldn't be looking to sell for years however you never know what is round the corner and I wouldn't want to buy something that may be very difficult to sell. It's a fabulous house and comes with a 10 year policy we'd look to extend but still - buying a house is a big investment I know.
Any advice would be much appreciated please.
Many thanks
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