WARRANTY AND INSURANCE

FOR BUILD TO RENT DEVELOPMENTS

BUILDING CONFIDENCE IN BUILD TO RENT

With over 1.5 million homes currently covered, we are the UK’s leading provider of warranty and insurance for the new homes industry.

We’ve set construction standards and worked with contractors and developers for over 80 years to identify and manage technical risk in developments, helping to protect their assets from major defects.

Unique in the home warranty market, NHBC insures directly, and our team of specialist underwriters have extensive experience of arranging bespoke

insurance cover on some of the UK’s most iconic residential developments.

We have been involved with many technically complex, large-scale build to rent projects, providing a co-ordinated and flexible approach through a dedicated team.

NHBC is so much more than just an insurance provider – our industry-leading technical and inspection resources offer a proactive and supportive approach across the UK.

We understand that build to rent developers, investors and operators demand high-quality building design and construction to provide the best experience for their customers. We also know that investors and management companies need the assurance that their asset is protected in the event of structural defects.

FlexibleSTRUCTURAL DEFECTSWARRANTY AND INSURANCE

UnrivalledTECHNICAL RISKRISK MANAGEMENT

80+YEARS OF

EXPERIENCE

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Our business model is illustrated by our virtuous circle, which

enables constant learning and updating of NHBC Standards:

Raising Standards.Protecting Homeowners

Standards & Training

Registration

RiskAssessment

Inspection

Warranty& Insurance

Feedback

n A register of builders

n Committed to building to NHBC Standards

n Homes independently inspected during construction

n Reassurance provided by our warranty and insurance

n Standards which are continually improved through inspection and claims trends, research, analysis, feedback and practical guidance to the industry.

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OUR WARRANTY AND INSURANCEWhat it providesn Flexibility – our in-house team of underwriters are on hand to

discuss your bespoke insurance requirements

n High value cover – we are able to underwrite up to £100m per

continuous structure, with scope for higher if needed

n Builder liability period – we offer a standard two-year builder

liability period (guaranteed by NHBC), resulting in enhanced quality

‘buy in’ from your builder (you can choose shorter terms if you require)

n Extendable – whilst our building defects insurance is for 10 years as

standard, you have the choice to extend this to 12 years (designed to

protect landlords and asset owners from the risk of building failure

throughout the duration of the policy)

n Contractor insolvency cover – we offer optional cover for contractor

insolvency before completion

n Protection – removal and storage of possessions, loss of rent and

alternative accommodation cover are included

n Claims management – should a structural defect claim arise you’ll

have one point of contact from our in-house claims team.

Consultative approach – we work with you from as early in the design

and development process as possible, collaborating with architects, design

teams and contractors to mitigate potential construction risk.

Design advice and technical review – we offer early expert technical

assessment of site-specific factors to help identify and mitigate

potential risks.

Major Projects – the first of its kind, our multidisciplinary team of

engineers, technical managers, fire engineers, building control surveyors

and inspectors provide technical support and guidance throughout

the project.

Standards, Innovation and Research – our teams are at the forefront

of Modern Methods of Construction (MMC) implementation and can offer

unrivalled technical guidance.

NHBC Standards – we provide comprehensive guidance and performance

standards, and requirements for the design and construction of homes

registered with NHBC.

Building Control – as the UK’s first independent Approved Inspector

for Building Control, we are the largest single building control body

operating in England and Wales; and during a recent audit, CICAIR noted

NHBC’s Building Control service as exemplar.

Inspection – our inspectors conduct rigorous inspections at key stages

of construction, from foundations through to completion.

TECHNICAL RISK MANAGEMENT

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How we work with you

Customer service – our friendly team will be on hand to guide you and assist you or your builder in registering your project and addressing all further queries concerning registration or policies

Flexibility – you can switch policy cover to private owners if units are sold to individuals during the life of the policy

Speed – our in-house teams ensure quotes and offer of cover letters are provided quickly and efficiently

Efficient – commencement of cover will align with the phased completions of your development

Commercial – we offer insurance for commercial elements of your development

Mechanical, Electrical and District Heating insurance – In conjunction with Arthur J Gallagher (UK) Ltd and HSB Engineering Insurance NHBC is able to introduce you to Machinery Inherent Defects Insurance. There are two versions of this product, one that provides a level of cover for mechanical and electrical services, and another for district heating services. HSB provide risk management during the build phase through inspection and design support. Once completed, HSB provide cover for latent defects which damage or cause failure to your M&E system(s). For further information visit nhbc.co.uk/midi

NHBC Services Limited is an Introducer Appointed Representative of Arthur J. Gallagher (UK) Ltd, registered in England and Wales: 01193013, The Walbrook Building, 25 Walbrook, London, EC4N 8AW. Authorised and regulated by the Financial Conduct Authority.

Wisemans Insurance Services incorporating David G Rickard & Co is a trading name of Wisemans Insurance Services Ltd of 34 Church Road, Ashford, Middlesex, TW15 2UY who are authorised by the Financial Conduct Authority, registration number 308959. Wisemans have been appointed by Arthur J. Gallagher (UK) Ltd to arrange insurance in relation to Mechanical and Electrical defects insurance underwritten by HSB Engineering Insurance Limited.

OUR PROJECTSExamples of build to rent projects currently covered by NHBC.

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THE FACTS

DEVELOPER Pomona Phase One Ltd

BUILDER Rowlinson Constructions Ltd

ARCHITECT Nicol Thomas

NUMBER OF HOMES 164 (plus link block)

TALLEST BLOCK 11 storeys

GROSS DEVELOPMENT VALUE £24m

POMONA WHARFMANCHESTER, M15 4QZ

THE FACTS

DEVELOPERS Peel Land and Property and The Regenda Group

BUILDER Vermont Construction Ltd

ARCHITECT Hodder and Partners

NUMBER OF HOMES 105

TALLEST BLOCK 16 storeys

GROSS DEVELOPMENT VALUE £21m

PLAZA 1821PRINCES DOCK, LIVERPOOL, L3 1DL

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To discuss your projects and find out

more information:

Call: 01908 745999

Email: partner@nhbc.co.uk

Visit: www.nhbc.co.uk/btr

NHBC

NHBC HOUSE

DAVY AVENUE, KNOWLHILL

MILTON KEYNES, BUCKS, MK5 8FP

TEL: 0344 633 1000 WWW.NHBC.CO.UK

NHBC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. NHBC is registered in England & Wales under company number 00320784. NHBC’s registered address is NHBC House, Davy Avenue, Knowlhill, Milton Keynes, Bucks MK5 8FP.

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