Warranty providers have agreed to work towards a shared standard for assessing homes built using modern methods of construction (MMC), the government has announced.
In a boost for the industry, the new standard will make it simpler to secure a warranty for homes built using such methods, which the government sees as a way of meeting the need for more homes.
New home warranties are taken out by the builder or developer provide buyers protection against defects on the property, required for obtaining a mortgage and insurance.
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