Changes to Home Warranty in NSW 07/01/2015

Important Announcement for Domestic Builders - Changes to Home Warranty in NSW

The Office of Fair Trading (OFT) have announced changes of importance to all Domestic Builders in NSW.

The immediate impacts are highlighted below:

From the 15th January 2015:

  • the fund will be know as the Home Building Compensation Fund (HBCF)
  • all contracts solely for built in furniture and cabinets no longer require warranty cover
  • a public register of certificates and claims is to be provided by SiCorp. 

From the 1st March 2015 a new set of application forms will be made available and will be required to be completed to access Certificates through the HBCF.

We have attached the announcement provided by the OFT outlining the above in more detail as well as the following link to Major changes To Home Building Laws.

If you have any queries in relation to this information please do not hesitate to contact the Master Builders on 02 8586 3555 or the OFT on 13 32 20 

 

 

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