Home Warranty’s are important when you are buying or building a brand new home. Mortgage and lending companies need to understand the home they are lending on has been built correctly and they are minimising any risk of the home not being ‘fit for purpose’.
Companies such as architectscertificates.co.uk offer home warranties as well as professional consultants certificates which are Council of Mortgage Lender (CML) approved, these are a good and often much cheaper alternative to those offered by companies such as NHBC.
Getting a mortgage on a new build house can sometimes be difficult.
Larger home builders typically arrange for new build homes to be covered by NHBC cover. It is often cheaper though to ‘shop around’ for other suitable home warranty’s which the CML, now known as UK Finance also approve. This will be of particular interest to smaller builders building just one or two new homes and self builders.
Companies such as Professional Consultants Certificates Ltd offer both professional consultants certificates and long 10+ year home warranty’s. These are often over half the price of NHBC cover and are well worth investigating.
Come to Manchester for residential real estate opportunities!
The number of properties currently under construction are at their highest levels since 2008. The Annual Crane Survey by Deloitte Real Estate indicates a clear agenda of development and growth for the Northern and City Centre areas. They are also indications that 2016 will be the busiest building period since prior to the recession. Active residential developers in and around Manchester include Beech Properties, De Trafford Estates, English Cities Fund, Lend Lease, Pinnacle MC Global, Renaker and the Select Property Group.
Here at PCC Ltd we advise for and provide warranty for all residential development and look forward to a very busy 2016.
Smaller builders and self builders have a better value scheme open to them known as the CML, now known as UK Finance Professional Consultants certificate (previously called Architect’s Certificate).
The architect certifies that the house has been properly constructed in accordance with the national building regulations and the plans and specifications.
The larger guarantee providers, such as the NHBC, are not always the best choice for the smaller house builder, developer or self-builder since:
1. They will not step in if you have already commenced on site.
2. They act on behalf of their scheme member i.e. the contractor
3. They will require a bond payment from unregistered builders
4. All fees have to be paid up front whether the guarantee is issued or not
5. Often their inspectors are not chartered professionals
The whole point of any scheme that requires regular inspections throughout the build is to ensure that the dwelling is built to such a standard that problems are eliminated. In this respect a chartered architect or surveyor will provide a more diligent service than an employee of a large company because they are personally liable in cases of negligence.
Remember that a chartered professional has undertaken at least seven years of study, examination and supervision by senior architects before given licence to practice. Their reputation and their future in the industry depends totally upon the quality of their service (‘duty of care’).
www.architectscertificates.co.uk have been providers of CML, now known as UK Finance Professional Consultants Certificates since 1989, their certificates are often 50% cheaper than NHBC cover. Call on 0845 680 0467 for a quote today.
NHBC is saying that new home registrations in the UK for 2013 were up 28% compared to the previous year, with what it called “signs of a broad based recovery in many different regions and the highest new house-building volumes in London for a generation”.
As part of its campaign, the NHBC say ” It will be recruiting 80 new building inspectors with new management roles also being created. More surveyors, engineers and special project managers will also be recruited to ensure that the appropriate technical support is available for builders and their design teams, both on site and during the design stage”.
Here at Professional Consultants Certificate Ltd, the UK’s leading provider of new home certification, we are expanding to meet the upsurge in house building. We currently have 22 regional surveyors with the best professional qualifications; we have recruited from Chartered surveyors, engineers and architects all of which comply to the Council of Mortgage Lenders criteria. Whether its a warranty or a certificate we can help, we can even step in at a very late stage in the construction, which is something the NHBC refuse to do.
Professional Consultants Certificate Ltd are now able to offer all insurance services to the builder, self-builder and developer. Ten year warranty, specialist insurance for say flat roofs or basements, site insurance, contractors all risks insurance and a range of liability insurances are now accessible from us direct. From self-builders embarking upon their first property development up to large property development companies all can now look to us for advice and competitive quotes for all their building insurance needs.
Professional Consultants Certificate Ltd is now an Appointed Representative of Momentum Broker Solutions Ltd. Momentum Broker Solutions Ltd are regulated by the Financial Conduct Authority FCA.
Professional Consultants Certificate Ltd are the one-stop shop for warranty, insurance and building monitoring.
Phone us now for a quote 08456800467