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Self-Build Warranty

If you are planning to build your next home, the first thing to consider is a Structural Warranty. A Structural Warranty will ensure that you are covered should any structural failure or defect occur. In addition, subject to the terms, a Self-Build product can also assist to negate the Council Infrastructure Levy (CIL). Let us Simpify the Process in a confusing marketplace. We can assist with the complexities and regulations of building a house, contact our specialists today!

With over 20-Years of experience in the sector and strong market knowledge, our expert team will find the most suitable structural warranty for your self-built property.

Do you need a building warranty for a self-build?

How much does a self build warranty cost in UK?

New Build Warranties for both Self Build and Experienced contractors are usually around 1% of the sum insured (build cost) for a traditional new build project.

Can you sell a self build house without a warranty?

If a buyer has a mortgage or lender to satisfy then no, a property built within 10 years requires a 10 Yr Structural Warranty. Whilst a cash buyer does not have to satisfy a lender most solicitor will still advise they have one in place.

What is a 10 year warranty on a self build?

An insurance policy that protects the homeowner against the cost of rectifying structural defects that occur within the structure after completion.

How long does a contractor have to warranty his work in the UK?

Normally, the policies carry an indemnity of 2 year for which the contractor/developer is liable – some are reduced to 1 year, however this is likely to increase the excess and premium.

What if self build isn’t covered by a 10 year warranty?

It leaves the homeowner liable to pay the cost of any structural defects.

What is a 10 year warranty on a house?

Normally, the policies carry an indemnity of 2 year for which the contractor/developer is liable – some are reduced to 1 year, however this is likely to increase the excess and premium.

Do all self builds need a warranty?

If a buyer has a mortgage or lender to satisfy then no, a property built within 10 years requires a 10 year Structural Warranty. Whilst a cash buyer does not have to satisfy a lender most solicitor will still advise they have one in place.

What is the alternative to the NHBC warranty?

There are many alternative providers for 10 year structural warranties. An alternative product to satisfy lenders is a Professional Consultants certificate which can be for either 6 or 10 years.

Do all self builds have NHBC?

If a buyer has a mortgage or lender to satisfy then no, a property built within 10 years requires a 10 year Structural Warranty. Whilst a cash buyer does not have to satisfy a lender most solicitor will still advise they have one in place.

What is a structural warranty in the UK?

Normally, the policies carry an indemnity of 2 year for which the contractor/developer is liable – some are reduced to 1 year, however this is likely to increase the excess and premium.

Do I need building insurance if I have NHBC?

Yes Once the build is habitable

What is a 10 year Build-Zone warranty?

Build Zone is an A rated structural warranty provider providing an alternative to an NHBC warranty

Is a building warranty the same as building insurance?

Building insurance covers a property for XXX whereas a strucurtral warranty covers the property for structural defects that occur within 10 years of completion.

What is one guarantee self build warranty?

One Guarantee structural warranty provider providing an alternative to an NHBC warranty

What is covered under a 10 year warranty?

Complete or partial rebuild of the structure
(Building structure including foundations, walls, floors and roof)

How long does NHBC last for?

Standard residential warranties run for 10 years, housing association for 12

What does NHBC not cover?

Snagging
Dampness, condensation and shrinkage
Fire, Smoke, weather damage
Consequential Loss
M and E
Maintenance
Subsidence

Key features of a Self-Build Warranty includes:

  • 10-year Structural Warranty cover from building regulation sign off
  • No Defect Period – Endorsement to retain as your main residence for the first 12 months (or that of an immediate family member) from practical completion (building control sign-off)
  • The premium covers 10-Year Policy and includes all survey fees and insurance costs as a one-off payment.
  • Granite provide full technical support throughout the policy term
  • Standard £1,000.00 excess per claim per dwelling
  • Insurance will cover the cost for a complete or partial rebuilding in the event of structural failure, including professional fees and demolition
  • Our policies are fully assignable to any future purchaser for the term of the policy
  • UK Finance (previously CML) Approved – Recognised and accepted by mortgage lenders.
  • FCA Regulated

Ensure that your self-built property has the cover it needs and employ the help of our experienced team.

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Granite Building Warranties Ltd is an Appointed Representative of Richdale Brokers & Financial Services Ltd which is authorised and regulated by the Financial Conduct Authority.
Granite Building Warranties is a company registered in England and Wales (Company Number 11497543) with its registered office at 1st Floor, 5 Century Court, Tolpits Lane, Watford, WD18 9PX