19 year mortgage 8itch Posted March 18, 2012 Share Posted March 18, 2012 Got a couple of questions regarding new builds, it is not a big box builder, tiny builder no obvious building co. involvement, almost like selling a self-build. 1. Does the seller need an EPC for it? (I would imagine it is but agent does not have one) 2. Do mortgage providers require a New Homes, NHBC type guarantee on new/recent builds? Quote Link to comment Share on other sites More sharing options...
peter_2008 Posted March 18, 2012 Share Posted March 18, 2012 1. yes. 2. yes. Quote Link to comment Share on other sites More sharing options...
19 year mortgage 8itch Posted March 19, 2012 Author Share Posted March 19, 2012 That's what I believe but agents are clueless and trying to get info out of them to determine if a house is mortgagable or not is like getting blood out of a stone. Quote Link to comment Share on other sites More sharing options...
tim123 Posted March 19, 2012 Share Posted March 19, 2012 1. yes. 2. yes. I don't think 2 is right. There are houses built by people who don't hold HNBC acreditation and these houses must be sellable somehow tim Quote Link to comment Share on other sites More sharing options...
19 year mortgage 8itch Posted March 19, 2012 Author Share Posted March 19, 2012 I don't think 2 is right. There are houses built by people who don't hold HNBC acreditation and these houses must be sellable somehow tim This is what I'm trying to find out. If a house has stood for a hundred years, that seems to count as proof enough but new build they're not so sure. Quote Link to comment Share on other sites More sharing options...
Monkey Posted March 19, 2012 Share Posted March 19, 2012 i could be wrong, this is from memory, but when i was looking into buidling my own house i had to have a builder who was on the HNBC register or a chartered architect who could satisfy the HNBC to give a 10 year gurantee for the property once built. this was also a clause put in by the mortgage companies that i had a gurantee for the works, before they would release any money for the build. this was also a requirement for buildings insurance as well once the 10 years is up, then house is deemed fit for purpose and no gurantee was needed Quote Link to comment Share on other sites More sharing options...
19 year mortgage 8itch Posted March 19, 2012 Author Share Posted March 19, 2012 i could be wrong, this is from memory, but when i was looking into buidling my own house i had to have a builder who was on the HNBC register or a chartered architect who could satisfy the HNBC to give a 10 year gurantee for the property once built. this was also a clause put in by the mortgage companies that i had a gurantee for the works, before they would release any money for the build. this was also a requirement for buildings insurance as well once the 10 years is up, then house is deemed fit for purpose and no gurantee was needed Thanks. Quote Link to comment Share on other sites More sharing options...
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