Help please – Lost NHBC certificate and lender won’t remortgage

by Readers Question

9:01 AM, 16th July 2013
About 5 years ago

Help please – Lost NHBC certificate and lender won’t remortgage

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Help please – Lost NHBC certificate and lender won’t remortgage

I need an urgent help please. I purchased a property off auction last November. I am at the stage of re-mortgaging it this month.

The Property was built in 2004, the builder went bust in 2009 and property was repossessed by bank.

The mortgage company has come back asking for the NHBC / Builders Certificate before they will complete the re-mortgage.

On a quick call to NHBC, they could only find 5 plots (9,10,11,12,1) out of the 12 plots (1 – 12) of the site plan that was registered. Also the door numbers are not on the details they have rather they have “plot” numbers. So my postal address is not in their computer.

NHBC have asked me to scan to them my TP1 document which shows the plan. But my property is showing as plot 6 which is not part of the 5 plots on their computer. Though I am yet to send my TP1 to NHBC.

NHBC also asked me to call Zurich or Premier as they might have it.

Now am asking is there a way I can get the Builder’s Certificate just in case Zurich or Premier don’t have it.

Will be much appreciated if any one here can provide some guidance.

Ben  NHBC



Comments

Neil Patterson

11:32 AM, 16th July 2013
About 5 years ago

Hi Ben,

This might be a long shot, but the bank that repossessed the property from the Builder must have had the NHBC certificate at some stage and more than likely still do.

Do you know who they were or which solicitor they used to try and track it down in a file some where?

Ben Akhigbe

12:37 PM, 16th July 2013
About 5 years ago

Thanks for that Neil, I do know who the bank were and the solicitor.

I just got off the phone from my own solicitor that did the conveyancing. She told me she didnt get the certificate as it was from auction.

I will try and contact the bank's solicitor is they will have it. What if they dont?

Do you think the builder didnt get an NHBC certificate even though it was sold in 2004?

Neil Patterson

13:01 PM, 16th July 2013
About 5 years ago

The builder did not go Bankrupt till much later so I would be very surprised if there was not one.

Ben Akhigbe

14:45 PM, 16th July 2013
About 5 years ago

sorry I got that wrong. I just checked the companies house website for thier name. They got wound up in 2004. same year the house was completed.

Neil Patterson

15:33 PM, 16th July 2013
About 5 years ago

Hi Ben,

It may be less certain there is a certificate depending on timing, but the Bank still will have wanted or got one I would have though.

Robert Desbruslais

16:03 PM, 16th July 2013
About 5 years ago

Some lenders will accept if you have a building survey. Failing that, if yiu can wait, by 2014 the issue will be irrelevant as hopefully you could argue the building is over 10 years old. http://askasurveyor.co.uk

Ben Akhigbe

11:32 AM, 17th July 2013
About 5 years ago

Thanks for your responses. I just spoke to the Mortgage company who made the intial request and they are thinking an indemnity insurance might do. But would give you updates later if they are happy to do that.

Thanks all.

Neil Patterson

11:57 AM, 17th July 2013
About 5 years ago

Reply to the comment left by "Ben Akhigbe" at "17/07/2013 - 11:32":

Good to see some common sense from the Lender as there would be so little time left on the Guarantee anyway. Good Luck

Joe Bloggs

6:51 AM, 18th July 2013
About 5 years ago

the NHBC are a terrible, (moderated) organisation...far far worse than any insurance company in my experience. it is ridiculous that they try and send you off on a red herring to other build warrantee providers; they must be responsible for the whole development rather than part of it!!!!!!!!!!!!!!!!! they are either (moderated) (which is quite feasible) or have made an error with the plot numbers eg that the plots not listed were never signed off as satisfactorily completed.


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