Build-Zone New Home Warranty has received CTSI Stage One
Following Chartered Trading Standards Institute (CTSI) Stage One approval of the Build-Zone Code of Conduct for Home Builders, the Build-Zone New Home Warranty has been confirmed as acceptable for lending Purposes by Lloyds Banking Group and its various lending brands.
CTSI Stage One approval means that our Code has been recognised as having the potential to enhance the Consumer’s experience during the purchase of a new home from a builder/developer registered under the Code and the after sale customer care service.
As part of the approval process the Code Sponsor Sennocke International Insurance Services Ltd will be demonstrating to the Consumer Codes Approval Board that the code is working and of benefit to Consumers, and following that all our members will be able to proudly display the approved code logo. Full approval is likely to be in March 2017.
Leon Livermore, Chief Executive of the Chartered Trading Standards Institute, said:
“Although Sennocke is yet to be fully approved, Stage One approval demonstrates the firm is committed to achieving high levels of customer satisfaction. Consumers and mortgage lenders alike need confidence surrounding the housing market and this code aims to deliver exactly that.
We will continue to work closely with Sennocke towards the next and final stage of the approval process.”
‘We are thrilled that Lloyds Banking Group has reinstated Build-Zone to their CML entries. Build-Zone is well established in the structural warranty market & has been providing structural warranties since 2003. Our Code of Conduct for Home Builders has helped us to achieve acceptance by Lloyds Banking Group’ said Ashleigh Poore, Director of Build-Zone.
Please see this Link for our extensive list of approved lenders: http://www.build-zone.com/lenders.html
The Build-Zone Code of Conduct for Home Builders has been established in order to ensure that Home Builders comply with standards of best practice when providing services to Home Buyers before, during and after the construction and sale of a New Home.
The code applies to developments registered for a Build-Zone New Home Warranty after 1st June 2016.
The Build-Zone New Home Warranty is specifically designed for developers & builders who wish to provide homeowners with a reputable & rated home warranty cover including developer insolvency cover.
Build-Zone warranty products are backed by ‘A’ rated insurers & cater for New Homes, Social Housing and Commercial Developments as well as completed and self-build properties in the United Kingdom & Ireland.
Sennocke International Insurance Services Limited is the Code Sponsor for the Build-Zone Code of Conduct for Home Builders.