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Build to Rent homes

Buildmark Choice is our warranty and insurance product for protecting investor assets in Build to Rent and mixed use schemes

Why choose NHBC for Build to Rent?

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.

Managing the technical risk of your developments

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.

Flexible structural defects warranty and insurance for Build to Rent

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.

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Flexible cover

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.

Flexible cover

Dedicated multi-disciplinary team

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.

Dedicated multi-disciplinary team

Association with an market-leading brand

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.

Association with an industry-leading brand

Commercial Building Control and other specialist consultancy services

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.

Commercial Building Control and other specialist consultancy services

What is Buildmark Choice?

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.

Overview of Buildmark Choice cover

FLEXIBLE COVER

Warranty and insurance

We work on high value schemes, offering defects insurance and warranty based on your client's project requirements.

HIGH VALUE COVER

Continuous structures

Warranty and insurance cover for continuous structures based on your project's requirements.

10/12 YEARS

Cover period

10 or 12 years Latent Defects Insurance, with the option of up to two year builder liability period, depending on your client's requirements.

Policy also includes

  • Cover for loss of rental income, or alternative accommodation for tenants
  • Cover for removal and storage of tenants' possessions in the event of a valid claim
  • Cover for necessary costs of demolition or dismantling, site clearance and removal of debris, and shoring up of the homes in the event of a valid claim
  • A Minimum Claim Value (MCV) meaning we don’t require policyholders to pay the first part of any claim. Instead, if the cost of a valid claim exceeds the MCV, we will do the work or pay the cost in full and the policyholder will not have to make any contribution. The starting MCV for plots registered from 1 April 2019 is £1,750 (increasing by £50 on 1 April in each subsequent year)
  • Cover against contaminated land

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.

Additional cover options

It may also be possible for your client to enhance the cover provided by Buildmark Choice with the options below.

  1. Cover for contractor insolvency before practical completion.
  2. Cover for professional fees incurred in connection with a valid claim.
  3. Adding an extra two years to the eight year insurance part of the policy, making the total warranty and insurance period 12 years from the date on the Buildmark Choice certificate.

Buildmark Choice policy document

To see all the terms and conditions and policy limits that apply, please see the current Buildmark Choice policy document that applies to newly built, converted or renovated homes registered with us from 1 October 2019.

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Buildmark Policy Document

Machinery Inherent Defects Insurance

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).

Find out more

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.

What to do next...

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.

Buildmark Policy Document

Frequently asked questions

Check out our list of frequently asked questions and answers.
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