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New build - 10 year guarantee
diesel_staffie
Posts: 33 Forumite
we are buying a house that is 1 1/2 years old - there are about 30 houses on the development - however only 20 are finished.
the rest are just shells (someone is buying them all and finishing them) this is due to the builders going bankrupt.
what now happens to the 10 year guarantee on the house we are buying ?
the rest are just shells (someone is buying them all and finishing them) this is due to the builders going bankrupt.
what now happens to the 10 year guarantee on the house we are buying ?
0
Comments
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I am pretty certain that the guarantee should still stand as its an independent guarantee and all work would have been checked at the time the house was signed off. So, unless NHBC or Zurich have gone out of business, I cannot see there being a problem. Check with your solicitor though.I am a Mortgage AdviserYou should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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thanks for your help0
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