{"id":42991,"date":"2017-02-06T00:26:47","date_gmt":"2017-02-05T17:26:47","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-homes-warranty-firm-pays-millions-to-leading-homebuilders\/"},"modified":"2017-02-06T00:33:39","modified_gmt":"2017-02-05T17:33:39","slug":"new-homes-warranty-firm-pays-millions-to-leading-homebuilders","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-homes-warranty-firm-pays-millions-to-leading-homebuilders\/","title":{"rendered":"New homes warranty firm pays millions to leading homebuilders"},"content":{"rendered":"


\nConstruction standards and credibility questioned after it emerges National House Building Council pays developers up to \u00a315m per yearThe organisation that provides warranties for most of the new homes in Britain is paying millions of pounds to the leading housebuilders every year, raising questions about its independence and credibility amid a wave of complaints about the quality of new-build properties.NHBC, the standard-setting body and main home construction warranty provider for new-builds in the UK, is paying around \u00a310m to \u00a315m every year to housebuilders through what is effectively a profit-share agreement. The largest firms can receive as much as \u00a32m from the scheme, because it rewards the developers who registered the most homes with NHBC. Continue reading…
\n
\nSource : theguardian.com
\nRead more…New homes warranty firm pays millions to leading homebuilders<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Construction standards and credibility questioned after it emerges National House Building Council pays developers up...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-42991","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-bbp","jetpack-related-posts":[{"id":43089,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/directors-of-new-homes-warranty-firm-criticised-for-lack-of-independence\/","url_meta":{"origin":42991,"position":0},"title":"Directors of new homes warranty firm criticised for lack of independence","date":"February 6, 2017","format":false,"excerpt":"\r NHBC insists it adopts \u2018highest principles of UK governance\u2019 amid claims it is on side of developers rather then buyers Two of the directors of the organisation that sets the standards for new UK homes and provides warranties for buyers cannot be classed as independent because of their links\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":48370,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-government-woos-worlds-housebuilders\/","url_meta":{"origin":42991,"position":1},"title":"UK government woos world's housebuilders","date":"March 17, 2017","format":false,"excerpt":"\r Housing minister tells Mipim conference in Cannes he will do all he can to help developers find land in BritainThe housing minister, Gavin Barwell, has told the world\u2019s housebuilders that if they cannot find enough land on which to build new 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may be forced to spend millions compensating home buyers locked into unfair leasehold contracts, following a warning by housing minister Gavin Barwell.Amid accusations in the House of Commons of \u201cthe PPI scandal of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137271,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housebuilders-cut-back-on-construction-as-uk-mortgage-rate-rises-spook-buyers\/","url_meta":{"origin":42991,"position":5},"title":"Housebuilders cut back on construction as UK mortgage rate rises spook buyers","date":"June 6, 2023","format":false,"excerpt":"\r Work on residential building sites slips in May to weakest level since 2009UK banks pull hundreds more mortgage deals as fixed rates riseBritain\u2019s housebuilders are cutting back on the construction of new homes amid signs that potential buyers are being spooked by the prospect of fresh increases in mortgage\u2026","rel":"","context":"In "Property 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