New home warranty
The New Homes Quality Board Glossary of the terms used in the Code and Guidance, published by The New Homes Quality Board in 2021, defines a new home warranty as: ‘an insurance-backed warranty or insurance policy issued by one of the Home Warranty Bodies, providing the Customer with cover for the New Home for a period of at least ten years from the date of Legal Completion.’
[edit] Related articles on Designing Buildings
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- Contract deposit.
- Contract exchange.
- Contract of sale.
- Contract.
- Customer.
- Developer.
- New home.
- Quality.
- Warranty.
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