Builders and developers selling new or newly converted homes and who are registered with NBHC, Premier Guarantee or LABC New Home Warranty must ensure that they are complying with the updated code.
Non-compliance can result in removal from not only the relevant home warranty provider’s register but also from all registers run by the other participating home warranty providers. Given that the Council of Mortgage Lenders’ Handbook states that new builds or conversions have to be under a scheme acceptable to the lender, exclusion from such schemes could have a significant impact upon the ability to sell the properties.
The new addition of the Code introduces a number of amendments. Some of the key ones are set out below:
All Home Builders should ensure their standard practices and literature now comply with the updated code.
For comprehensive, specialist advice on any legal or business issues relating to housebuilding, contact us today. We have offices in York, Leeds and Sheffield, and our expert solicitors are waiting to hear how we can assist you. Call us or complete the online enquiry form on this page and we will get back to you promptly.
Lupton Fawcett is a leading personal and commercial law firm in Yorkshire with well-established offices of highly experienced solicitors in Sheffield, Leeds and York.
We have spent over a century using our legal skills to help you through difficult, complicated or emotional times. Within every area of law, we put your interests first.
We provide a personalised service, with sector specialists and extensive resources to ensure we are giving you the best solutions to your problems.
Lupton Fawcett has long been recognised for our expertise in Residential Development Law.
Our Residential Developer and Housebuilder Lawyers act regularly for clients across the United Kingdom including Bradford, Birmingham, Hull, Liverpool, London, Manchester and Nottingham.
As recognised experts in house building law, we can support your needs wherever you live in England, Wales & Northern Ireland.
Call today or complete the enquiry form and we will get back in touch with you quickly. We will always respond promptly, and we will be happy to help.
Please note this information is provided by way of example and may not be complete and is certainly not intended to constitute legal advice. You should take bespoke advice for your circumstances.
Remember you can still call us on 0333 323 5292 or email us at law@luptonfawcett.law