144 New build home warranties

New build home warranties

144  New build home warranties

(1)     This section applies where a person (“the developer”) carries out a development in England that results in the creation of one or more dwellings (“new build homes”).

(2)     The developer must, at the time of or before granting or disposing of a relevant interest in a new build home—

(a)     provide to the purchaser a new build home warranty for the new build home, and

(b)     provide to a prescribed person a new build home warranty for any common parts.

(3)     A “new build home warranty” for a thing is an arrangement, satisfying any requirements under subsection (4), under which—

(a)     the developer agrees, in specified circumstances, to remedy any specified defect (or any defect) in the thing occurring in a specified

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