Quiz - how well do you understand your lease?
Understand the key things you should know about your lease. If you are a purchaser, this can help make sure your solicitor has covered all of these points and explained them clearly to you.
A warranty claim is one made under a 10 year warranty that may be provided by the National House Building Council or a structural insurance policy. These tend to provide cover against actual or imminent damage caused by structural defects or breach of building regulations.
The UK Finance Association requires a 10 year warranty or insurance policy to lend for new build residential homes including flats contained in buildings. Standard new home warranties provide cover for homeowners against actual or imminent damage caused by structural defects or breach of building regulations prior to completion.
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