The NHBC (National House Building Council) was established over 60 years ago and is the independent regulator for the new homes industry.
The NHBC is an organisation whose aim is to help the housebuilding industry construct good quality new homes that meet the reasonable expectations of homebuyers.
The NHBC register house builders, set standards of construction, inspect homes, promote best practice amongst house builders across the UK and provide cover on new and newly converted homes. Since 1965, the NHBC has provided cover on over five million homes.
The Council of Mortgage Lenders (CLM) seeks to ensure that new homes are fully completed before lenders’ funds are released. If everything is completed to NHBC satisfaction, the Inspector will issue a ‘Buildmark’ cover note (known as a ‘green cover’ note) which will satisfy the requirements of your mortgage lender. When you buy a home from Taylor Wimpey, you benefit from Buildmark cover which is an insurance policy to cover you against specified risks which could be very expensive to put right.
Mortgage lenders prefer to lend on homes that have this type of cover because they know the home will have been built to specified standards of construction.
For full details of what Buildmark covers, ask your Sales Executive for a copy of the Buildmark booklet.
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