What building warranties are accepted by UK mortgage lenders?

Which warranties do mortgage lenders accept?

The definitive list is maintained by UK Finance (formerly the Council of Mortgage Lenders). While each lender has its own specific list, ICW is a widely recognised provider of structural warranties approved by most high-street and specialist lenders.

Why do lenders need warranties?

For a mortgage lender to provide a loan on a newly built, converted, or renovated property, they require a structural warranty from an approved provider.

ICW is accepted by 97% of mortgage lenders

ICW warranties are accepted by all of the major mortgage lenders, including high-street giants like HSBC, Barclays, Lloyds Banking Group (including Halifax), NatWest Group, Nationwide and Santander. You can see the full list of approved lenders here.

Important Considerations

• Check the Lenders' Handbook: Lender requirements can change. If you are a buyer or developer, you should refer to the UK Finance Mortgage Lenders’ Handbook for the specific lender you are using.

• Consumer Code: Lenders will generally only provide a mortgage on a new build if the property is covered by an approved warranty provider such as ICW, and will require the builder or developer to be a member of a CTSI approved Consumer Code such as the ICW Consumer Code for New Homes. The Consumer Code establishes a framework for builder and developer conduct, providing additional layers of protection for homebuyers during the purchase of their new home.

If you are a developer or builder trying to choose a provider for a new project, get in touch with ICW today to find out how we can help. Or if you are ready to get a quote, complete our application form here.