Building a new home is a significant investment, and it's crucial to protect that investment by having the right warranties and guarantees in place. Whether you're working with bespoke builders, a bespoke construction company, or property developers, understanding these safeguards is essential. Here are the key warranties you must consider when embarking on a bespoke custom build or bespoke construction project.

1. New Home Warranty

A new home warranty is now mandatory for all new homes and newly created dwellings. This warranty provides protection against structural defects for ten years, ensuring that your bespoke home builder delivers a home that’s built to last. It covers issues related to design, materials, and workmanship, giving you peace of mind that your new home is safe and sound.

2. Fixed Price Warranty

When working with your bespoke builder, securing a fixed-price warranty is essential. This means that the cost of your bespoke build is agreed upon upfront, with as much detail as possible included in the contract. Avoid open-ended agreements that can lead to unexpected expenses. A fixed-price warranty ensures you know exactly what is being provided and how much it will cost—an important aspect of bespoke building services.

3. Completion Date Guarantee

Timeliness is crucial in any bespoke construction services project. To ensure your home is completed on time, we offer a Completion Date Guarantee. This warranty holds the builder accountable to deliver your home by the agreed-upon date. It provides a clear timeline and guarantees when you can move into your new home, helping you plan your life accordingly.

4. Builder’s Insurance

It’s vital to check that your bespoke builder or bespoke constructions team has all the correct insurances in place. This includes:

• Public Liability Insurance: Covers accidents or injuries to third parties on the construction site.

• Employer’s Liability Insurance: Protects against claims from workers for injuries or illnesses sustained on the job.

• Contractor’s All Risk Insurance: Covers property damage and third-party claims during construction.

• Professional Indemnity Insurance: Covers claims of negligence or inadequate work by architects, designers, and other professionals.

Whether you're developing a single house or working with house builders on a more substantial developing house project, these insurances must be up-to-date to protect yourself, the builder, and the project.

5. Deposit Protection Insurance

Make sure that your deposit is insurance-backed. This protection covers you in the unlikely event that something happens to the builder before the project is completed. While none of us expect such events, it’s prudent to be risk-aware and protect your investment against unforeseen challenges—especially in the custom world of bespoke construction.

The Importance of Proper Planning and Risk Management

By reviewing and putting in place the necessary measures before construction begins, you create a safety net that often prevents issues from arising. Experience and wisdom are great teachers, and as a successful team of bespoke builders and property developers, we’ve learned that having the correct systems, processes, and checklists in place is essential for successful development.

Key Takeaways

• Secure a New Home Warranty: Mandatory and provides ten years of structural protection.

• Ensure a Fixed Price Warranty: Fix the price at the beginning to avoid unexpected costs.

• Get a Completion Date Guarantee: Ensure your home is delivered on time.

• Check Builder’s Insurance: Confirm all necessary insurances are in place and current.

• Protect Your Deposit: Ensure your deposit is insurance-backed for added security.

By taking these steps, you can protect your investment and ensure a smooth and successful building process. Our team at Mosaic Bespoke is dedicated to guiding you through every step, ensuring all warranties and insurances are in place so you can focus on creating your dream home with confidence. Your dream, our expertise—together, we’ll build something extraordinary with the unmatched quality of bespoke building services.