Along with the National House-Building Council (NHBC) and Premier Guarantee, LABC is one of three major providers of structural or “new home” warranties. The most prevalent warranty is the NHBC warranty, which covers 80 percent of the new-build market. There are additional warranty providers who follow distinct rules of ethics. The NHBC, LABC, Premier, etc., will all expect the builder to fix any flaws within the first two years; and only intervene if a disagreement arises.