MDA Advantage, a home information pack (HIP) provider and NHBC, the warranty and insurance provider for new homes, have announced that they are working together to develop HIPs for new homes in the UK.
New and newly converted properties will require a HIP on 1 June 2007, including a number of documents not required for existing properties.
Martin Willard, managing director, MDA Advantage, said: “Working with NHBC ensures that we are jointly able to supply their builder and developer partners with appropriate and compliant home information packs.”
Imtiaz Farookhi, chief executive, NHBC, said: “Homeowners can be confident that NHBC will continue to provide the same high levels of expertise which already back its world-leading Buildmark warranty in the new field of HIPs.”
More than 20,000 builders and developers are registered with NHBC which covers more than 80% of new homes under its Buildmark warranty and insurance.
New build HIP's are a vital part of the marketplace to be in hand, all www.Mortgage-Shop.co.uk applications for the UK's new build properties will include a comprehensive HIP with optional Home Condition report.
