The construction of social housing projects continues to grow, allowing for the expansion of structural warranty policies to ensure the quality of the properties is maintained from small family homes to bigger apartment complexes. In this blog, we will be highlighting how these warranties can benefit these projects across the social housing sector.
What is a Social Housing Warranty?
With newly built homes continuing to rise in the housing market, ensuring the quality is kept across these projects is key. A social housing warranty for these projects will;l bring about a solid guarantee that the property meets a range of strict building standards, from structural to overall energy efficiency.
How to choose the right warranty provider
Starting any new construction project comes with its challenges, one of the most overlooked is choosing the right provider for any structural warranties. Ensuring that the property is covered by the right warranty allows for peace of mind. Many factors must be considered when looking to choose a warranty provider.
The importance of having a detailed plan
For any new-built social housing projects, a clear thought-out plan is essential. Without this progress may become off track and deadlines not being met. This can be easily avoided by putting together a well-structured plan that all works towards the same goal. This plan will also ensure constant communication among contractors, therefore improving the overall quality of productivity for the project.
The financial implications of a Social Housing Warranty
In the social housing sector, there are multiple factors to be considered for any construction project. A social housing warranty allows some of these to be reduced by allowing any essential repairs or maintenance to the property can be carried out without financial strain. This warranty will also assist in budgeting for any future repairs increasing the property value in the long term.
Legal requirements for structural warranties
Several legal requirements exist for structural repairs as you are dealing with a legally binding document between the homeowner and the builder. The policy will outline repairs that are covered within the agreed timeframe, which in most cases is 10 years. It is key that you work with an experienced lawyer when developing social housing projects to prevent any future issues with the warranty.
Finding a social housing warranty that is the perfect fit for your project has many key elements from initially finding a provider that meets your needs to then creating a watertight plan to ensure coverage is met from the work carried out. Additionally, any legal requirements that you may have also need to be considered by all parties that are involved in the project.