Increased protection for new home buyers due to new consumer code
According to the Federation of Master Builders (FMB), the new Consumer Code for New Homes (CCNH) will provide protection for both individuals and families who are looking to purchase new build properties.
Buying a home is a huge decision, both emotionally and financially. For a lot of people, it’ll be the most expensive thing that they will ever buy. Because of this, it’s vital that people know they will be protected when making this purchase.
Brian Berry, the Chief Executive of FMB says "By joining the CCNH, the FMB is making clear that its members will fulfill their obligations on transparency and building excellence. At a time when there’s immense pressure on house builders to increase their delivery of new homes, it’s imperative that the drive to increase numbers does not lead to a reduction in quality."
"For small local house builders, quality is their unique selling point. Smaller developers deliver lower volumes of properties, which means their focus is overwhelmingly on maintaining a reputation for delivering homes built to the highest standard. It’s a reflection of that emphasis on quality, as well as the rigorous inspection processes that Master Builders undergo, that the FMB has been able to join the CCNH. It will give consumers extra reassurance that, if buying a home from one of our members, they will be fully protected from pre-purchase to several years after they have moved in."
The new CCNH will help by improving the choice available to consumers and will continue to promote the high standards that they expect.