Property Development: Insolvency
Commons · Question 76389 · Tabled 10 Sep 2025 · Ministry of Housing, Communities and Local Government · Official record
Answered 24 Sep 2025
Question
Asked by Andrew Snowden
To ask the Secretary of State for Housing, Communities and Local Government, if he will commission an inquiry into the (a) (i) conduct and (ii) accountability of housebuilders who go into administration and (b) impact of that administration on homeowners
Answer
Answered by Matthew Pennycook, 24 Sep 2025
Most new build homes are issued with a 10-year new-build warranty which may protect homeowners against builder insolvency leading to failure in completing the build. Some warranties cover the buyer’s deposit in the event the buyer has exchanged contracts ...