A new build warranty is taken out by the developer.  With a builder’s warranty on your new home, you can confidently enjoy your new building without worrying about the cost of structural repairs if something ends up going wrong in the early years of ownership. The most well-known providers of new home warranties are the National House-building Council (NHBC) which is the most common provider covering 70-80% of the new build market, Local Authority Building Control (LABC) and Premier Guarantee.