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Insolvent builders and developers

NHBC arrangements for insolvency practitioners

Where an NHBC registered builder or developer becomes insolvent and an insolvency practitioner is appointed, arrangements must be made with us before any homes registered for Buildmark warranty and can be sold.

For these purposes, the term insolvency practitioner covers receivers, liquidators, mortgagees in possession, trustees in bankruptcy, voluntary arrangement supervisors etc.

We have procedures to cover each of the following scenarios:

• Building work has not yet started
• Work has started but homes are in various stages of completion
• Homes are completely built but unsold
• Contracts to sell the homes have or have not been exchanged

You can find out all about our requirements and procedures in these documents.

Insolvent builders – Arrangements in the event of insolvency

Application for an insolvency practitioner to complete and sell homes with NHBC cover