LABC New Home Warranty The LABC New Home Warranty is a quality service offering specific competitive products for speculative residential housing, social housing and self build.
The LABC New Home Warranty scheme has been created in partnership between LABC, the representative body for Local Authority Building Control, and MD Insurance Services Limited (MDIS) the company that administers the scheme which is regulated by the Financial Services Authority (FSA).
LABC NHW Services include:
Structural Warranty:
Speculative Built Residential Housing
This caters for speculative developers and builders covering conversions, new build and mixed use developments. The product recognises and rewards quality projects with competitive premiums and market-leading terms. Service and support is fast and seamless because of MDIS's experienced, dedicated customer service team.
Social Housing
A competitive tailored solution covering shared-ownership, rented or key worker accommodation projects. Quality is rewarded with the same advantages given to speculative developers. Cover can be provided for either a 10 or 12 year period.
Self Build Housing
Designed specifically for individuals building their own homes - both new build and conversions – to provide peace of mind. Quality is rewarded through competitive premiums and excellent service based on MDIS's extensive experience of self build projects.
SAP assessments (Energy performance assessment)
Acoustic Testing (Building Regulations Part E)
Air pressure testing (Building Regulations Part L)
Code for Sustainable Homes assessments
Home Information Packs (mandatory for all new homes)
Free advice and support on technical and environment issues.
Why is a structural warranty needed?
In order to obtain a mortgage, most banks and building societies require new buildings to have a structural warranty in place as it covers any risks that are not included in standard buildings insurance such as design, materials or workmanship. This is technically known as latent defects insurance. It also gives the client piece of mind.
Why use LABC New Home Warranty?
- Partnered with local authorities allowing a smoother process
- Option for interest free instalments to spread the payment costs
- Comprehensive cover
- Highly competitive pricing backed up with superior service
- Regional Account Managers and in-house flexible
underwriting - Free HIP hosting service available with warranty
- LABC NHW in-house surveying and technical services team
How to get a quotation
Either telephone 0845 054 0505,
or download an application form from www.labcnewhomewarranty.co.uk