Do I need structural warranty for my new home?
Updated: Jun 14
You will need a structural warranty insurance policy to gain protection against any fundamental structural problems with a new building, typically for up to 10 years after completion.
Mortgage lenders will insist on a warranty, but even if you are funding your build with cash, it’s still a standard requirement to have one, so any future sales of the property aren’t jeopardised. A structural warranty is there to cover you for any failure in the building structure after it has been completed, protecting the homeowner from any structural damage.
How much does a structural warranty cost?