|Buying a newly built home|
Make sure that the property is protected by a good warranty provided by a reputable company. Most new homes are protected by the (NHBC) 10-year Buildmark warranty and insurance but some developers use other warranty providers and can give you full details of the warranty in place. With a new property not covered by a NHBC warranty or equivalent, ensure that the final building control certificate is available.
Check whether your builder is NHBC registered. You can do this by visiting the Register on the NHBC's site. If your builder is not registered with NHBC, check that you will be offered cover from another reputable company.
If you need a mortgage ask your lender at an early stage. Employ a solicitor (or licensed conveyancer) and seek professional advice if you are in doubt.
Once you have exchanged contracts get the Buildmark documents from your solicitor and read them carefully.
You should always consider getting a structural survey done, especially if your home is more than a couple of years old and outside of the initial two year period of the Buildmark Cover.