A large number of contracts to build new homes incorporate the provisions of the National House Building Council ('NHBC') scheme, a typical system of insurance which gives the purchaser of a new house an alternative remedy against the NHBC in case of defects, and places certain obligations upon the house builder1.
The scheme operates by compelling all builders registered under it to offer to the house buyer standard contract documents which include a limited insurance policy, and certain undertakings to remedy defects. The scheme provides for two periods: (1) an initial period of two years after completion, during which the
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and millions of others like it, sign-in to LexisLibrary or register for a free trial.
EXISTING USER? SIGN IN
TAKE A FREE TRIAL
0330 161 1234