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    May 19, 2010

    A new code operated by the National House Building Council (NHBC) and Premier Guarantee applies to all new build buyers’ reservations made on or after 1st April 2010. The aim of the code is to require homebuilders to provide more information to homebuyers, to ensure that they are treated fairly and that they are given enough information to know what to expect. In particular, the builders must provide specific information on delivery dates and the homebuyers’ right to terminate a contract.

    In addition, a new dispute resolution service will be available for homebuyers who may dispute whether a builder has complied with the code. Gross non-compliance can result in the builders being removed from the NHBC and Premier registers.

    You can find more information by visitng www.consumercodeforhomebuilders.com.

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