Even a well known national house builder can get it very wrong.
UK house builder, Bovis Homes, has received complaints from hundreds of buyers over the quality of some of its new homes.
The reason stated was ‘production problems’ according to the Financial Times which affected over 180 homes.
One £490,000 home had about 100 flaws from simple bathroom issues to more important gas supply installation problems.
So, why is this of interest to you ?
As Developer or Contractor, any flaws or defects after completion, would make you liable for the remedial or rectification costs. These are extra costs that would hit your bottom line and profits!
There’s a simple solution.
A Latent Defects Policy (also known as Structural Warranty) would alleviate such ‘surprises’ and keep your profits safe and sound… and from being potentially sued!
Give us a call on 0207 731 3700 or drop us an email to ask us any questions.