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10 year new build guarentee

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10 year new build guarentee

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Old May 28th 2012 | 6:56 am
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Default 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
 
Old May 28th 2012 | 7:01 am
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Default Re: 10 year new build guarentee

Originally Posted by bil8999
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
Even if it should, I bet they will tell you it don't.
 
Old May 28th 2012 | 8:56 am
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Default 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.
 
Old May 28th 2012 | 7:48 pm
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Default Re: 10 year new build guarentee

Originally Posted by Fred James
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.

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.
 
Old May 28th 2012 | 9:24 pm
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Default 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.
 
Old May 29th 2012 | 3:03 am
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Default Re: 10 year new build guarentee

Originally Posted by Fred James
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.
I hope they have a certificate then .... you know my feelings on the subject, these builders did anything to cut corners
 
Old May 29th 2012 | 3:53 am
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Default 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.
 
Old May 29th 2012 | 4:34 am
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Default Re: 10 year new build guarentee

Originally Posted by Fred James
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.
You can sell it, but the buyer has to be aware and accept it
 
Old May 29th 2012 | 6:52 am
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Default Re: 10 year new build guarentee

Originally Posted by Mitzyboy
You can sell it, but the buyer has to be aware and accept it
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.
 
Old May 29th 2012 | 8:09 am
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Default 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.
 
Old May 29th 2012 | 8:58 am
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Default Re: 10 year new build guarentee

Originally Posted by Dick Dasterdly
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.
Quite possible but easy to check out before you buy.

Unfortunately most people would take it at face value.
 
Old May 29th 2012 | 6:45 pm
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Default 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?
 
Old May 29th 2012 | 6:56 pm
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Default Re: 10 year new build guarentee

This site has some useful info

http://www.povedahayes.com/blog/2012...enal%E2%80%99/
 
Old May 29th 2012 | 11:33 pm
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Default Re: 10 year new build guarentee

Originally Posted by Fred James
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.
Quite so, I was offered this ... I cant remember the cost now, maybe €600. It satisfies the abogado, but as you say, it doesnt pay out

When was this rule bought in Fred, I mean what year
 
Old May 30th 2012 | 12:53 am
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Default 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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