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Signature Homes takes the Nightmare out of Building a Dream

Published: Tue 13 Dec 2011 02:30 PM
Signature Homes takes the Nightmare out of Building a Dream Home
The prospect of a builder getting into financial difficulty. It’s a major cause of sleepless nights for anyone building their own home. But one company that’s dealt with the issue head-on is Signature Homes which provides one of the country’s most comprehensive home completion guarantees.
Tough economic times call for tough measures, which is why Signature Homes offers one of the most in-depth home completion guarantees available on the New Zealand home building market. Under the Signature Homes Home Completion Guarantee, a customer’s deposit is protected, progress payments are protected, and completion of the home (in accordance with the client’s Building Agreement) is guaranteed – at no extra cost.
A major point of difference with the Signature guarantee compared to other guarantees available is that there’s no maximum limit that a client can claim for.
Owner and Director of Signature Homes Gavin Hunt explains that it differs because it simply guarantees to complete the home at no additional cost in the event that the builder can’t. In addition, the Signature Home Completion Guarantee is backed by a $1M Bond held by the National Bank which can only be used for the purposes of the guarantee. That is a huge difference says Hunt.
The Home Completion Guarantee was brought in three years ago due to the lack of comprehensive cover available on the market which didn’t impose limits to costs or types of work performed. It’s now one of eight guarantees provided by Signature Homes. Other guarantees include 10 Year Structural Guarantee, 10 Year Weathertightness Guarantee, 2 Year maintenance Guarantee, No Hidden Extra Costs Guarantee, Guarantee of Total Price, Guarantee of Completion Date and Guarantee of Satisfaction.
New Zealand owned and operated, Signature Homes began life in 1983 under the ownership of New Zealand’s largest industrial company, Fletcher Challenge. Today, Signature is one the country’s most established and respected residential housing businesses.
The company is also the Ministry of Education’s preferred builder of Early Childhood Centres throughout New Zealand. Signature was awarded appointment as the ministry’s preferred builder based on a number of factors including the company’s track record for performance, national coverage, infrastructure, management support and price.
Despite the tough housing market of recent years, Signature will complete around 200 homes this year and holds its position as a market leader in New Zealand. With its strong standing and dedication to customer support – including the company’s various guarantees – Signature Homes is looking forward to a long and positive future in the NZ housing market.

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