Local Authority Building Control (LABC) Services has launched a 10 year Housing warranty. The LABC warranty is a quality service offering specific competitive products for speculative residential housing, social housing and self-build.
The warranty scheme has been created in partnership between LABC, the representative body for Local Authority Building Control, and MD Insurance Services Limited (MDIS), the company who administers the scheme, which is regulated by the Financial Services Authority (FSA).
This caters for speculative developers and builders, covering conversions, new-build and mixed use developments. The product recognises and rewards quality projects with competitive premiums and market-leading terms. Service and support is fast and seamless because of MDIS's experienced and dedicated customer service team.
LABC non-residential warranty
This 10 year first party policy is designed for developers of commercial or mixed use developments, when used in conjunction with their new homes scheme, and features 100% full risk transfer. This reduces the need for collateral warranties and is assignable to future owners of the property. This new scheme appeals to a large range of development types, including offices, retail, hospitality, health, education and public buildings.
The warranty provides the cost of rectifying works, partial or complete rebuilding where a property has suffered major damage as a result of defects in design, workmanship, materials, or components. Cover also includes the reasonable cost of repairing, replacing or rectifying any destruction or physical damage to the external car parking and roads within the property insured; this is only in respect of unsafe access and/or water logging.
LABC social housing warranty
This is a competitive, tailored solution, covering shared-ownership, rented or key worker accommodation projects. Quality is rewarded with the same advantages given to speculative developers. Cover can be provided for either a 10 or 12 year period.
LABC self-build warranty
Designed specifically for individuals building their own homes, both new build and conversions, to provide peace of mind. Quality is rewarded through competitive premiums and excellent service based on MDIS's extensive experience of self-build projects.
How to get a quotation
Energy saving partnership update
LABC Services are now providing an efficient, safe, cost-effective and practical energy efficiency package to local authorities, housing associations and any other social housing provider. Attractive and cost-effective private sector packages are also available to all local authority Home Energy Conversation Association officers. For all social or private projects, we are able to offer a bespoke and practical management package aimed at meeting your specific requirements.
Telephone LABC Warranty on 0845 054 0505, for further information.