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  2. Residential Lending Criteria

New Build

Defined as properties built or converted with in the last 12 months or being sold or occupied for the first time. All New Build properties must have an appropriate warranty or PCC. List of acceptable New Build Warrantee providers:

  • Advantage HCI
  • Aedis Warranties Ltd
  • Build Assure
  • Build Zone New Home Warranty
  • Checkmate Castle 10 Home Warranty
  • Global Homes Warranties
  • Local Authority Building Control (LABC) New Home Warranty
  • NHBC
  • One Guarantee Ltd
  • Protek
  • Premier Guarantee
  • Castle 10 (Checkmate)
  • The Q Policy
  • ICW

A builder's incentive of up to 5% is acceptable with the completion of an incentives form.

Where there is an NBW in place, we may not require the property to be re-inspected, subject to the conveyancer confirming the particulars of the NBW match the details of security provided on the application.