new house

[hearthway]

Can anyone tell me if it is legal for a purchaser to hold back 10% of the price of a new house for one year to ensure no problems crop up that the builder should have put right I've heard councils do this

 

[Vanilla]

If you can agree this clause with your builder at the outset then of course it is legal. If you try to unilaterally impose it on your builder then no it is not legal.

 

[ClubMan]

new house

Can anyone tell me if it is legal for a purchaser to hold back 10% of the price of a new house for one year to ensure no problems crop up that the builder should have put right I've heard councils do this

Yes - your solicitor should be able to tell you. And my guess is that this is not possible.

Post crossed with Vanilla's.