What are NHBC Bonds?
NHBC (National House-Building Council) is the leading warranty and insurance provider and standards setter for UK house-building for new and newly converted homes. As a non-profit distributing company, it reinvests all income in achieving its primary purpose: improving quality in housebuilding to protect homeowners.
NHBC marks its 75th anniversary in 2011, celebrating three quarters of a century of raising standards in UK house-building to protect homeowners.
Three quarters of a century of experience allows NHBC to shape UK housebuilding. By setting standards and inspecting new homes, and by providing industry feedback and training, NHBC drives continual improvement.
Nationwide Sureties Ltd has been the #1 provider of Bonds & Guarantees for over 23 years
We provide fast & professional solutions for your Bond requirements
Access to the whole surety market of highly qualified underwriters who can consider all of your Bonding.
We have arranged and issued over £500 million worth of bonds and guarantees, increasing daily
An Advanced Payment Bond is a guarantee, supplied by the party receiving an advanced payment, to the party advancing the payment.
Road & Sewer Bonds are required by a Local Authority or Water Authority, they cover the Council or Water Authority if they need to construct/repair the Road or Sewer.
A Construction Performance Bond is a guarantee, typically with a value of 10% of the contract price and is designed to offer protection to the beneficiary.
A Retention Bond will provide the employer with the same level of comfort as the retention, but the contractor / has the benefit of retaining the cash.