New homes for affordable rent or shared ownership

Buildmark Choice is our warranty and insurance product for properties being built or converted for rent and shared ownership

Why choose NHBC warranty and insurance for affordable housing projects?

We are recognised and trusted in the affordable housing sector and work in partnership with many registered providers providing structural warranty and insurance to protect new build homes. For housing associations and local authorities developing homes themselves, we have a range of services to help manage the risks of their developments. If you’re building in this sector, we can support you and your client with:

Sovereign Housing has insisted on NHBC warranty and insurance for all its new homes since it was formed in 1989. Working with NHBC provides a measurable standard for quality across all of our new home developments. It ensures that our contractor and developer partners understand our expectations and it provides consumers with a recognised warranty scheme.

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
We work on high value schemes, offering defects insurance and warranty based on your client's project requirements.
High
Value
Warranty and insurance cover for continuous structures based on your project's requirements
10/12
years
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.

Machinery Inherent Defects Insurance

Elements of communal developments can sometimes carry additional risks, which may not currently be covered by Buildmark Choice. So, in conjunction with Arthur J. Gallagher and HSB Engineering Insurance, a market-leading underwriter of engineering risks, we are able to introduce you to two types of Machinery Inherent Defects Insurance, for either apartments or for district heating.

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.

What to do next...

You need to be registered with NHBC to offer Buildmark warranty and cover for your new homes. 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.

Get a guide price for Buildmark cover

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Register a new site for Buildmark (SNIN)

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Join or Re-join the NHBC register

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Contact us to discuss your project

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