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BLP vs NHBC

Firstly, please bear with me as I am first time buyer and am still getting my head around all the new terms and processes etc......

I have been looking at a new build development and have been told that they have BLP instead of NHBC. Firstly, is there a big difference between these? Secondly, does the BLP cover structural defects?

I have been looking on google but there is a lot of negative thoughts on BLP and had got me worried!

Thank you

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