SlideShare a Scribd company logo
The New Home Warranty

Expensive piece of paper or a
    genuine value add?
EXACTLY what is a New Home Structural
              Warranty?

• Manufacturers warranty?
• Workmanship warranty?
• Insurance backed
  guarantee?
• It’s a fully transferrable
  insurance policy, backed by
  an A Rated insurer.
• Approved by Government
  and Lenders
The elements of a New Home Structural
                 Warranty.

• Initial developer risk
  assessment
• Recognised insurance cover.
• Thorough site based
  technical audit program.
• Continual reassessment of
  developer performance.
• Comprehensive after sales
  customer care.
What's does a Build-Zone New Home
               Warranty cover?
Section   Cover                                    Responsibility
4.1       Cover Prior to Completion                Insurer

4.2       The first 2 Years Post Completion        1st Developer
          (Defects Period)                         2nd Insurer
4.3       Years 3 to 10                            Insurer
          (Structural Insurance Period)

5.1       Contaminated Land Remediation Expenses   Insurer
          (Years 3 to 10)
5.2       Physical Health & Safety of Occupants    Insurer
          (Years 3 to 10)
Who is going to ask me for a New Home
                 Warranty?

Prior to Works Starting
•       Your development
        financier
•       An Approved Inspector
During the project
•       Your sales agent
At Completion
•       Your customer or
        their solicitor
Is there an alternative?
• Professional/Architects
  Certificate
• Find a cash buyer!
• Retrospective warranty

• Frustrated sale can lead to
  reduction in value
Helping you realise value
  More than just an expensive piece of paper!
• Build-Zone ‘Registered
  Developer’ status
• Recognised by Lenders CML
  & BSA
• Designated Warranty Link
  Approved
• Experience & flexibility
• Combined technical auditing
  & building control
• Efficient web based audit
  reporting
Helping you realise value
            • Full sales support service
              Sell with confidence!
            • Defects dispute resolution
            • Independent claims service


            • More than an
              expensive piece of
              paper!
Next Steps...

          Register/
           Quote



 Build
Process

                Sell with
               Confidence
Thanks for listening!

If you have a specific question, my workshop starts at
11.30am and is being held in the Wolseley House.



0845 230 9873
www.buildzone.com

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Presentation to Windust Meadows HOA Board of Directors June 4, 2024: Focus o...
 
Green Homes, Islamabad Presentation .pdf
Green Homes, Islamabad Presentation .pdfGreen Homes, Islamabad Presentation .pdf
Green Homes, Islamabad Presentation .pdf
 

Buildstore developers conference structural warranty

  • 1. The New Home Warranty Expensive piece of paper or a genuine value add?
  • 2. EXACTLY what is a New Home Structural Warranty? • Manufacturers warranty? • Workmanship warranty? • Insurance backed guarantee? • It’s a fully transferrable insurance policy, backed by an A Rated insurer. • Approved by Government and Lenders
  • 3. The elements of a New Home Structural Warranty. • Initial developer risk assessment • Recognised insurance cover. • Thorough site based technical audit program. • Continual reassessment of developer performance. • Comprehensive after sales customer care.
  • 4. What's does a Build-Zone New Home Warranty cover? Section Cover Responsibility 4.1 Cover Prior to Completion Insurer 4.2 The first 2 Years Post Completion 1st Developer (Defects Period) 2nd Insurer 4.3 Years 3 to 10 Insurer (Structural Insurance Period) 5.1 Contaminated Land Remediation Expenses Insurer (Years 3 to 10) 5.2 Physical Health & Safety of Occupants Insurer (Years 3 to 10)
  • 5. Who is going to ask me for a New Home Warranty? Prior to Works Starting • Your development financier • An Approved Inspector During the project • Your sales agent At Completion • Your customer or their solicitor
  • 6. Is there an alternative? • Professional/Architects Certificate • Find a cash buyer! • Retrospective warranty • Frustrated sale can lead to reduction in value
  • 7. Helping you realise value More than just an expensive piece of paper! • Build-Zone ‘Registered Developer’ status • Recognised by Lenders CML & BSA • Designated Warranty Link Approved • Experience & flexibility • Combined technical auditing & building control • Efficient web based audit reporting
  • 8. Helping you realise value • Full sales support service Sell with confidence! • Defects dispute resolution • Independent claims service • More than an expensive piece of paper!
  • 9. Next Steps... Register/ Quote Build Process Sell with Confidence
  • 10. Thanks for listening! If you have a specific question, my workshop starts at 11.30am and is being held in the Wolseley House. 0845 230 9873 www.buildzone.com