NHBC (National House Building Council) warranties cover structural defects for 10 years after completion. Alternatives include Buildzone, Premier Guarantee and ICW. Check the warranty provider on any off-plan purchase, some lenders only accept certain schemes.
Related investment terms
More from this category
BTL
Buying residential property to rent to tenants.
Cash-on-cash return
Annual net cashflow as a percentage of the total cash you invested.
Gross yield
Annual rent as a percentage of property price, ignores costs.
HMO
A single house let to 3+ unrelated tenants sharing facilities.
Off-plan
Buying a property before it's built.
PBSA
Student housing built and operated professionally.
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