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10 year new build guarentee
Hi
Can anyone tell me if a standard 10 year new build guarantee would cover what looks like humidity staining to internal doors. Could it be that the doors which were very expensive were not fit for purpose? Thanks in advance |
Re: 10 year new build guarentee
Originally Posted by bil8999
(Post 10087010)
Hi
Can anyone tell me if a standard 10 year new build guarantee would cover what looks like humidity staining to internal doors. Could it be that the doors which were very expensive were not fit for purpose? Thanks in advance |
Re: 10 year new build guarentee
I doubt it.
It is intended to cover major structural damage. If it is a very new build then it may be covered by the builders insurance. |
Re: 10 year new build guarentee
Originally Posted by Fred James
(Post 10087184)
I doubt it.
It is intended to cover major structural damage. If it is a very new build then it may be covered by the builders insurance. If the builder is still in business or hasn't done a runner. :ohmy: I wonder what percentage of them have gone to the wall ? Though maybe some of the small time cowboys operating on the black are still earning a crust. |
Re: 10 year new build guarentee
If the problem is covered by the 10 year guarantee it doesn't matter if the builder has gone bust because it is an insurance policy with a separate company.
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Re: 10 year new build guarentee
Originally Posted by Fred James
(Post 10088172)
If the problem is covered by the 10 year guarantee it doesn't matter if the builder has gone bust because it is an insurance policy with a separate company.
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Re: 10 year new build guarentee
It's very difficult to get round it as you cannot register the building as a new build on the escritura without the insurance certificate.
If you build it yourself as the promotor then you don't have to have the insurance but you cannot sell it for 10 years and that is noted on the escritura. |
Re: 10 year new build guarentee
Originally Posted by Fred James
(Post 10088883)
If you build it yourself as the promotor then you don't have to have the insurance but you cannot sell it for 10 years and that is noted on the escritura.
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Re: 10 year new build guarentee
Originally Posted by Mitzyboy
(Post 10088970)
You can sell it, but the buyer has to be aware and accept it :)
I didn't bother with the insurance but I did have all the checks carried out during the build - which was very expensive. If I were to buy a similar house I would be more interested to see those reports rather than an insurance policy which might be dubious. I was told that you can get such a policy from an eastern European insurance company which would meet the legal requirements but actually never pay out in the event of a claim. |
Re: 10 year new build guarentee
So basically bil8999s 10 year build guarantee may not even be worth the paper its written on, if the builder has gone to the wall, as most of them have, and the insurance company is dodgy and used or set up only to meet legal requirements.
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Re: 10 year new build guarentee
Originally Posted by Dick Dasterdly
(Post 10089391)
So basically bil8999s 10 year build guarantee may not even be worth the paper its written on, if the builder has gone to the wall, as most of them have, and the insurance company is dodgy and used or set up only to meet legal requirements.
Unfortunately most people would take it at face value. |
Re: 10 year new build guarentee
Thanks for all the above.
The builder is still building and doing quite well. Will contact them and ask for a copy of conditions etc. Whats covered and time constraints. Will keep you posted. If doors not replaced how can we cover the humidity patches or can the door be re laminated. Any thoughts? |
Re: 10 year new build guarentee
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Re: 10 year new build guarentee
Originally Posted by Fred James
(Post 10089228)
True.
I didn't bother with the insurance but I did have all the checks carried out during the build - which was very expensive. If I were to buy a similar house I would be more interested to see those reports rather than an insurance policy which might be dubious. I was told that you can get such a policy from an eastern European insurance company which would meet the legal requirements but actually never pay out in the event of a claim. When was this rule bought in Fred, I mean what year |
Re: 10 year new build guarentee
my friend parked his car next to an apartment block and big lumps of concrete fell on to his car. If his wife had been with him she could possibly have been killed. The builder won't/can't do anything about it and the occupants insurers say it is nothing to do with them as it ios supposed to have a 10 year guarentee. My friends insurance has paid for most of it but he has lost the first 200 euros which was his excess and I would think when he renews he will have lost his no claim bonus.
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