When purchasing a new build property, one of the key considerations is the assurance and protection provided by Professional Consultants Certificates (PCC) in addition to other relevant insurance schemes and certifications. PCCs are legal documents issued by qualified professionals, such as qualified architects, that confirm the satisfactory completion of a construction project. They offer a form of guarantee to mortgage lenders, property developers, and homeowners that the property meets the required building standards.

Professional consultants certificates are particularly relevant for various types of properties, including residential buildings. These certificates comply with building regulations and ensure the property has been constructed to a suitable standard. By engaging qualified consultants and adhering to registration requirements, property developers can provide a reliable level of assurance to potential buyers and mortgage providers.

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Damian Youell

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2: We will research the whole market and email you a detailed quote as well as a list of documents to proceed.

3: You upload the documents and information needed via our channel our online portal.

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Were you declined due to the lack of a building warranty?

If you have been declined for a mortgage due to not having a building warranty alongside your professional consultant certificate, there are steps you can take to address this issue. Firstly, consider reaching out to your professional consultant or architect to discuss the situation. They may be able to provide further documentation or clarification regarding the quality and compliance of the construction. Additionally, you can explore options to obtain a building warranty retrospectively, which may involve engaging with warranty providers who offer cover for completed properties.

Demonstrating that you have taken proactive steps to address the issue and provide additional protection for the property can potentially improve your chances of securing a mortgage. Consulting with a mortgage advisor or broker who specialises in new build properties can also provide valuable guidance and assistance in navigating this situation.

Building control

Building control is an integral part of the construction process, and PCCs play a crucial role in this aspect. They serve as proof of compliance with building regulations and provide a comprehensive scope of cover for potential defects or issues that may arise. This is especially important for residential mortgage lenders who seek sufficient levels of protection before approving a loan for a new build property.

During the construction process, monitoring services provided by a qualified consultant are essential. These services involve regular inspections at different stages, including the interim stage, to ensure that the construction is progressing according to approved plans and standards. By issuing interim certificates, the consultant offers an affordable alternative to other forms of insurance, demonstrating that the construction is meeting the necessary requirements.

Obtaining a PCC is beneficial for all parties involved in the transaction. It provides peace of mind to buyers, mortgage lenders, and property developers by offering proof of compliance with building regulations and a reliable form of insurance coverage. This proof is particularly important at the time of purchase when ensuring that the property meets the necessary standards.

In contrast to other first-party insurance policies, such as structural warranty policies, PCCs offer a wider scope of protection. They provide a comprehensive cover against potential defects or structural faults, safeguarding buyers and mortgage lenders from legal liabilities and breach of contract issues. PCCs are recognized and accepted by many professional bodies, mortgage lenders, and street lenders, making them a viable and effective option for both developers and homeowners.

Property developers, as well as homeowners, can benefit from professional consultant certificates as an alternative to other forms of insurance in the market. PCCs offer an adequate level of insurance coverage, giving confidence to potential buyers and mortgage lenders. The certificates ensure that the property conforms to approved drawings, adheres to building regulations, and meets the required standards.

For commercial office buildings or the conversion of existing buildings, PCCs can be especially useful. They provide an effective alternative to ensure conformity with building regulations, even for non-residential properties. Many companies offer bespoke services tailored to commercial and larger mixed-use developments, ensuring that all legal requirements are met.

It’s important to note that there are mortgage lenders who are willing to accept a Professional Consultants Certificate as a valid form of assurance even without a building warranty. These lenders understand the significance of professional indemnity insurance and the expertise provided by qualified architects and other building professionals. They recognize that PCCs offer a comprehensive scope of cover for potential structural defects, latent issues, and other structural issues that may arise.

Additionally, lenders who participate in Building Standards Indemnity Schemes and offer Buy-to-Let mortgages may consider PCCs as a viable option for various types of properties. While the absence of a building warranty may incur additional costs, PCCs, along with warranty-specific insurance and collateral warranties, can provide suitable quality and adequate insurance cover for the property in question. It’s advisable to consult a knowledgeable advisor and review the current list of lenders who consider PCCs without building warranties to ensure conformity with approved drawings, adherence to building regulations, and practical completion of the construction project.

When seeking a professional consultants certificate, it is crucial to engage with professionals and seek advice from qualified architects and other building experts. Their expertise and professional memberships, such as those with the National House Builders’ Council, guarantee the quality and reliability of their services. They can provide design and education advice and act as trusted advisors throughout construction.

In terms of certification stages, the consultant will conduct 2-3 inspections and issue the necessary certificates at each stage, demonstrating compliance with building regulations and standards. These certificates, along with the PCC, offer a credible alternative to warranties provided by A-rated warranty providers. They also serve as proof of negligence in case of any claims or disputes related to the construction process.

Considering the competitive market, a PCC is a cost-effective option that offers comprehensive protection and an adequate level of insurance cover. With the introduction of the 2023 BW – Build Warranty, there is a focus on providing affordable alternatives for both residential and commercial builds. This further enhances the credibility of PCCs as a reliable and effective means of ensuring compliance with building standards and regulations.

To summarize, professional consultant certificates offer property developers and homeowners an attractive option. They offer comprehensive protection, a wider scope of coverage, and a competitive price, making them a credible alternative to other insurance schemes. By obtaining a PCC, developers and homeowners can have confidence in the quality and conformity of their properties, ensuring compliance with building regulations and minimizing potential risks.

Next Steps

If you are interested in getting a new build mortgage using a professional consultants certificate, it’s important to understand the risks and costs associated with it. Speak to a qualified financial advisor to ensure that you are making an informed decision and one that works best for your particular circumstances. Additionally, ensure that your chosen professional consultants have the qualifications and experience to provide the best service possible.

Once you have decided to pursue a new build mortgage using a professional consultants certificate, it is important to familiarize yourself with the prerequisites. It is advisable to research and compare different mortgage providers and ensure they consider the PCC, warranty-specific insurance policies, and collateral warranties when assessing eligibility for a loan. Additionally, lenders should be checked for their compliance with building regulations, and you should seek advice from a qualified advisor to ensure that all requirements are met. With a professional consultants certificate, you can be confident of the quality of the property and gain peace of mind that your home complies with current building standards.

About The Author

mortgage broker damian youell

See some of Damian’s client reviews below

Damian is an experienced mortgage broker, founder of NeedingAdvice.co.uk Ltd and company director. With over a decade working as a mortgage broker he has a strong understanding of hard to place mortgage cases. With hundreds of 5 star client reviews. hundreds of repeat clients his work speaks for himself.

He started NeedingAdvice.co.uk as a one man band with the philosophy of putting clients needs ahead of his own. This ethos of offering excellent customer service has helped the business grow over the years. He gets satisfaction on getting cases pushed through to offer stage where other mortgage broker and companies have failed.

Throughout his time as an adviser he has carved out a niche area of advice helping clients with their business protection requirements too. Having helped hundreds of client with Relevant Life Policies, Shareholder Protection Insurance, Keyperson Policies and other important protection requirements of large to small businesses.

At home he is a family man and likes to spend his time with his four children and wife Lisa. He enjoys going on holidays spending time with friends and going for walks.