The accelerated house prices seen over the last few years have brought about an increase in the popularity of home improvement. If you are considering hiring a builder to carry out any of the improvements, renovations or extensions which may be needed on your home, then you would also be well advised to look into purchasing an insurance-backed warranty, like the one offered by the Federation of Master Builders.

Master Builders’ Warranty – Explained

Hiring master builders approved and registered with the Federation of Master Builders is always advisable if you are eager to avoid cowboy builders who are likely to carry out work which will depreciate the value of your property and possibly create an unsafe living environment. Hiring master builders, however, also provides you with another added benefit in the form of MasterBond, the building warranty offered by the Federation of Master Builders. This warranty will provide you with insurance on the building work, renovation or extension whilst it is being undertaken and for an amazing ten years after completion.

Master Builders’ Warranty – Advantages

There are considerable advantages associated with the Master Builders’ Warranty, these include some of the following:

• A warranty provided the Federation of Master Builders can provide you with reassurance whilst the building work is being undertaken. Should anything go wrong you will be covered and you won’t lose any money.

• You will continue to have the peace of mind provided by the warranty for up to ten years after the work has been completed.

• If you want to sell your house, you can transfer the warranty provided by the Federation of Master Builders to the new owners which will provide you with a fantastic selling point.

• Your return on investment will be protected. Ensuring that you will a better price when you come to sell your house.

• The warranty will only add one and half per cent to the total cost of the building work, renovation or extension undertaken.

• The warranty also gives you an extra peace of mind that you have not employed a “cowboy” builder and that the registered builder will be working to high standards.

• The cover provided by the warranty also extends to work undertaken by sub-contractors, such as electrical contractors or plumbers. 

• You will be protected by the warranty provided by the Federation of Master Builders even if the contractor goes out of business. 

The first step in your project is to hire the right builder. Use www.findalocal-builder.co.uk to get a list of builders in your area, and then look at our other advice articles to see how to make sure you choose the best builder for you.