Geekzone: technology news, blogs, forums
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.


1362 posts

Uber Geek


#271845 29-May-2020 09:03
Send private message



I've been looking at new builds up in Millwater.


Some of the properties have a "Master Builder - Labour Only" guarantee.




Would anyone be able to explain what that means in some more detail, is there a risk by only having this type of guarantee?


Are master builder guarantee really important?




Thank you 

The little things make the biggest difference.

Create new topic
4623 posts

Uber Geek


  #2494101 29-May-2020 09:08
Send private message

The labour guarantee is for builders supplied labour and materials. This would mean that rest of house is being project managed by home owner. We got the same guarantee. Labour only master builder guarantee as the builder is hired at a fixed labour price. We are supplying the materials and project managing rest of our house to save $$. If you are getting the builder to project manage the whole house the master builder warranty for that situation will be a little more expensive.


I am not in the camp of master builder warranty specially if you have to pay no 10% deposit usually up front to your builder which we did not so no risk of losing the deposit if builder goes bust. This would be the main candidate of getting master builder guarantee. We did not want the master builder guarantee for ours and asked builder to remove it from his cost. Later on he paid for it out of his own pocket anyway because he wants to enter the house in master builder competition so win win for us.

Do whatever you want to do man.



Best TrendMicro deals for antivirus and malware protection(affiliate link).
206 posts

Master Geek

  #2494209 29-May-2020 10:21
Send private message

That is a good win win ^^.


I personally didn't bother with the Master Build Warranty. 


Plenty of info here to help you decide how important it is:

Create new topic

News and reviews »

Samsung Announces Galaxy AI
Posted 28-Nov-2023 14:48

Epson Launches EH-LS650 Ultra Short Throw Smart Streaming Laser Projector
Posted 28-Nov-2023 14:38

Fitbit Charge 6 Review 
Posted 27-Nov-2023 16:21

Cisco Launches New Research Highlighting Gap in Preparedness for AI
Posted 23-Nov-2023 15:50

Seagate Takes Block Storage System to New Heights Reaching 2.5 PB
Posted 23-Nov-2023 15:45

Seagate Nytro 4350 NVMe SSD Delivers Consistent Application Performance and High QoS to Data Centers
Posted 23-Nov-2023 15:38

Amazon Fire TV Stick 4k Max (2nd Generation) Review
Posted 14-Nov-2023 16:17

Over half of New Zealand adults surveyed concerned about AI shopping scams
Posted 3-Nov-2023 10:42

Super Mario Bros. Wonder Launches on Nintendo Switch
Posted 24-Oct-2023 10:56

Google Releases Nest WiFi Pro in New Zealand
Posted 24-Oct-2023 10:18

Amazon Introduces All-New Echo Pop in New Zealand
Posted 23-Oct-2023 19:49

HyperX Unveils Their First Webcam and Audio Mixer Plus
Posted 20-Oct-2023 11:47

Seagate Introduces Exos 24TB Hard Drives for Hyperscalers and Enterprise Data Centres
Posted 20-Oct-2023 11:43

Dyson Zone Noise-Cancelling Headphones Comes to New Zealand
Posted 20-Oct-2023 11:33

The OPPO Find N3 Launches Globally Available in New Zealand Mid-November
Posted 20-Oct-2023 11:06

Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.

Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.