New Build Mortgages | Mortgages for New Build Homes | YBS
How to get a new build mortgage
Acceptable new build warranties are:
- National House Building Council (NHBC)
- Premier Guarantee
- Local Authority Building Control (LABC)
- Building Life Plans (BLP). These policies are underwritten by Allianz Global but written by BLP
- Build-Zone
- Checkmate / Castle 10 (nb. where out buildings such as a detached garage are also being constructed an endorsement to include these in cover is required)
- Build Assure (New Home Structural Defects Insurance)
- Global Home Warranties (Structural Defects Insurance)
- The Q Policy for Residential Properties
- The Q Policy for Bespoke Properties (detached only)
- Protek
- Advantage - There must be no more than 10 units in any continuous structure
- International Construction Warranties (ICW)
- Ark Residential New Build Latent Defects Insurance. Where a detached garage/outbuilding has been constructed at the same time as the main building, the policy must include an endorsement confirming cover for the detached garage/outbuilding
- Aedis (nb. There must be no more than 20 units in the structure)
- One Guarantee
- CRL new build 10-year structural defects insurance policy for residential property on new properties, where the insurer is International General Insurance Company (UK) Ltd and Ark have signed the final certificate. Please see the final paragraph on the final certificate. This will confirm Ark details and that they are signing on behalf of the insurers.
- New build properties underwritten by Alpha
- Second hand properties being sold by first or subsequent owner and property is under two years old. Warranty underwritten by Alpha.