theAlvasection Posted March 26, 2008 Share Posted March 26, 2008 Would a buyer lend me money to buy a house which is 8 years old but is not N.H.B.C covered only an architect certificate? Link to comment Share on other sites More sharing options...
Carl Spackler Posted March 26, 2008 Share Posted March 26, 2008 I'm sure being covered by an NHBC warranty (or similar) only became mandatory for lenders in the CML in the last couple of years. That was on new houses. Would imagine some advice will be at the below link. Probably down to the lender for an 8 year old house. http://www.cml.org.uk/cml/consumers Link to comment Share on other sites More sharing options...
felix Posted March 26, 2008 Share Posted March 26, 2008 There's a few certificates you could be referring to; but I take it the one your lender will be interested in will be the RIAS: - "Architects Certificate for Building Societies" ..this is written in a pro forma dictated by the Council of Mortgage lenders and extends the architects liability to subsequent owners for a limited number of years. In principle, it should be acceptable. Check how many years left, if any. It may have expired but then an NHBC guarantee only covers you for 10 years (from memory) so you'd only have 2 left on that and to be honest, if major problems were going to appear , they'd be evident after 8 years. Link to comment Share on other sites More sharing options...
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