Buildmark Choice is our warranty and insurance product for protecting investor assets in Build to Rent and mixed use schemes
At NHBC we know Build to Rent developers, investors and operators demand high-quality building design and construction to provide the best experience for their customers.
We also know that investors and management companies need the assurance that their asset is protected in the event of structural defects. We offer warranty and insurance products to protect your assets.
We are an experienced partner in managing development risk for major Build to Rent schemes. Our teams have been involved in some of the most iconic and complex residential projects in recent years, using their expertise and experience to add real value.
NHBC’s Build to Rent policy offers comprehensive standard coverage for core protection against building or structural defects plus valuable optional benefits that protect your investment and revenue streams from tenants.
Recognising that all Build to Rent and PRS schemes have different requirements, we offer flexible cover to suit your client’s needs including: structural defects-only insurance; flexible warranty periods; the flexibility to deal with future owners if the property is later sold. Our underwriting team is available to guide you and your client through the options.
Expert NHBC project managers, surveyors, engineers and building inspectors are all at your disposal from design stage, through construction to completion. The team provides a proactive, coordinated, solutions-based approach with a single point of contact.
We are the UK’s leading new home warranty and insurance provider, recognised by consumers and institutional lenders. With over 80 years’ experience in helping to improve the construction standards of new homes and protecting assets from major defects, we understand how to manage the risks of development.
For consistency, quality and efficiency many of our customers also choose to work with us for Building Control (and where relevant, our specialist Commercial Building Control team) as well as services such as health and safety consultancy, sustainability and land quality endorsement. We are a unique source of information, data and support.
Buildmark Choice is specially designed to protect landlords of newly built or newly converted homes which are built to be rented out or for shared ownership in the private, affordable or social housing sectors.
We work on high value schemes, offering defects insurance and warranty based on your client's project requirements.
Warranty and insurance cover for continuous structures based on your project's requirements.
10 or 12 years Latent Defects Insurance, with the option of up to two year builder liability period, depending on your client's requirements.
The above applies to policies for plots registered with us from 1 October 2019. Please see the full Buildmark Choice policy document below for all the conditions and exclusions that apply. Homes registered prior to 1 October 2019 may benefit from insurance protection for certain breaches of Building Regulations if NHBC Building Control Services Limited is appointed for and carries out building control for the property. If we have provided this cover, it will be clearly shown on the Buildmark Choice insurance certificate, and a description of the cover included in the policy booklet. Please refer to your own policy documents for all the terms and conditions that apply to your home.
It may also be possible for your client to enhance the cover provided by Buildmark Choice with the options below.
In conjunction with Arthur J Gallagher (UK) Ltd and HSB Engineering Insurance we are able to introduce you to Machinery Inherent Defects Insurance. There are two versions of this product, one that provides a level of cover for mechanical and electrical services, and another for district heating services. HSB provide risk management during the build phase through inspection and design support. Once completed, HSB provide cover for latent defects that damage or cause failure to your M&E system(s).
NHBC Services Limited is an Introducer Appointed Representative of Arthur J. Gallagher (UK) Ltd, registered in England and Wales: 01193013, The Walbrook Building, 25 Walbrook, London, EC4N 8AW. Authorised and regulated by the Financial Conduct Authority.
Wisemans Insurance Services incorporating David G Rickard & Co is a trading name of Wisemans Insurance Services Ltd of 34 Church Road, Ashford, Middlesex, TW15 2UY who are authorised by the Financial Conduct Authority, registration number 308959. Wisemans have been appointed by Arthur J. Gallagher (UK) Ltd to arrange insurance in relation to Mechanical and Electrical defects insurance underwritten by HSB Engineering Insurance Limited.
You need to be registered with NHBC to offer Buildmark Choice warranty and cover. If you’re not yet registered with us, please visit the NHBC registration section first. If you’re already registered with us, you can send us the details of your new site straight away.