The New Homes Quality Code sets strict requirements for consumer protection which go above and beyond the law. It is made up of:
- A Statement of principles: These are the main principles which developers agree to follow for the benefit of their customers. They are fairness, safety, quality, service, responsiveness, transparency, independence, inclusivity, security, and compliance.
- The practical steps: These are the stages of buying and settling into a new home. A summary of what customers should expect is provided below and full details are available here.
Marketing of New Homes
The Code seeks to ensure that every customer receives all the information about their selected home and development, which will enable them to make a fully informed decision about their purchase.
Sales and marketing material and details of any part exchange scheme must be clear, fair, legally compliant, and confirm whether your developer is registered with the NHQB. It must also consider the needs of vulnerable customers.
When describing a new home, developers must provide clear information about the home, including (but not limited to) the size and layout of rooms, tenure (whether freehold or leasehold), specification (what is included over and above the structure of the building), any associated management or service charges, and the expected completion date.
The Buying Process
Reservation Agreements must be clear, fair, and compliant with all relevant legislation. Developers must inform customers of any change that alters the size, appearance, or value of the new home, and their right to cancel if they disagree with the change.
Customers will have the opportunity to visit the completed new home before moving in, for a demonstration of fixtures and fittings, or to appoint a suitably qualified inspector to undertake a pre-completion inspection on their behalf. Developers must inform customers of any known future work on the development and likely timescales and have in place adequate arrangements to protect contract deposits and other fees.
Living in a New Home
Developers must provide a comprehensive after-sales service for at least two years following legal completion and explain how this operates. They must have a system for handling issues and complaints, including details of how customers can escalate complaints to the Ombudsman. Unless there is a substantial reason for a delay, any snags/defects identified in the new home should be resolved within 30 calendar days.