If you are building or converting a residential development (including mixed use developments) in order to market to potential clients, LABC 'New Homes' warranty is for you. The warranty provides the cost of complete, partial rebuilding or rectifying work to the new development that has been affected by major damage. Having a warranty in place gives clients peace of mind that the development has been built to the highest standards, and lenders the confidence they require to release funds.
LABC has their own national network of surveyors with a wealth of practical experience and an in-depth understanding of the building industry, giving you expert advice and guidance during the development process.
LABC New Home Warranty is available for buildings constructed with
Tradical® Hemcrete® wall systems in accordance with LABC requirements. Please contact LABC for details.
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WHAT IS COVERED
COVER PERIOD: 10 years
DEFECT INSURANCE PERIOD: 2 years
STRUCTURAL INSURANCE PERIOD: 8 years
New Build £1,000,000 // Conversions £500,000
CONTINUOUS STRUCTURE LIMITS:
New Build £25,000,000 // Conversions £5,000,000
Defects Insurance Period £100 // Structural Insurance Period £1,000