buildstore developers conference structural warranty
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Buildstore Developers Conference Structural WarrantyTRANSCRIPT
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The New Home Warranty
Expensive piece of paper or a genuine value add?
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EXACTLY what is a New Home Structural Warranty?
• Manufacturers warranty?• Workmanship warranty?• Insurance backed
guarantee?• It’s a fully transferrable
insurance policy, backed by an A Rated insurer.
• Approved by Government and Lenders
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The elements of a New Home Structural Warranty.
• Initial developer risk assessment
• Recognised insurance cover.• Thorough site based
technical audit program.• Continual reassessment of
developer performance.• Comprehensive after sales
customer care.
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What's does a Build-Zone New Home Warranty cover?
Section Cover Responsibility
4.1 Cover Prior to Completion Insurer
4.2 The first 2 Years Post Completion (Defects Period)
1st Developer 2nd Insurer
4.3 Years 3 to 10(Structural Insurance Period)
Insurer
5.1 Contaminated Land Remediation Expenses (Years 3 to 10)
Insurer
5.2 Physical Health & Safety of Occupants(Years 3 to 10)
Insurer
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Who is going to ask me for a New Home Warranty?
Prior to Works Starting• Your development
financier• An Approved InspectorDuring the project• Your sales agentAt Completion• Your customer or
their solicitor
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Is there an alternative?• Professional/Architects
Certificate• Find a cash buyer!• Retrospective warranty
• Frustrated sale can lead to reduction in value
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Helping you realise valueMore than just an expensive piece of paper!
• Build-Zone ‘Registered Developer’ status
• Recognised by Lenders CML & BSA
• Designated Warranty Link Approved
• Experience & flexibility• Combined technical auditing
& building control• Efficient web based audit
reporting
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Helping you realise value• Full sales support service
Sell with confidence!• Defects dispute resolution• Independent claims service
• More than an expensive piece of paper!
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Next Steps...
Sell with Confidence
Build Process
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Thanks for listening!
If you have a specific question, my workshop starts at 11.30am and is being held in the Wolseley House.
0845 230 9873 www.buildzone.com