My sister bought a new flat approx 18 mths ago, but the property was without an NHBC Certificate. She got Indemnity insurance and carried on with the purchase. She is now looking to sell the flat, and was a couple of days away from completion before her buyer pulled out, due to the property not having the certificate. Her solicitor has now advised her that she will most likely only sell her property to a cash buyer. It seems that it was the buyer's solicitor who advised him not to buy, and not a request from the mortgage company.
Will my sister now have trouble in selling her flat, or was this just an extra careful buyer ? Is she able to obtain a certificate now?
The NHBC scheme is an insurance-backed warranty, much the same as a defects indemnity insurance from another insurer. I don't believe she would now be able to acquire an NHBC certificate.