by: Mary-Anne Bowring/PBC Today
New MMC acceptance service
NHBC has launched a new MMC acceptance service for the UK construction industry to build confidence in innovative construction NHBC, the warranty and insurance provider for new homes in the UK, has launched the new MMC acceptance service dedicated to the rapidly growing area of Modern Methods of Construction. NHBC Accepts is an all-inclusive, end-to-end service that will help to build confidence in innovative construction and enable MMC systems to be fast-tracked for NHBC warranty. As part of the new service, detailed and robust technical reviews at key stages will result in provision of a certificate (and acceptance for NHBC warranty), usage licence for a bespoke NHBC Accepts logo and website listing.
Commenting on the news, Mary-Anne Bowring, group managing director at Ringley, said: “The Modern Methods of Construction (MMC) industry has made significant progress in recent years, thanks to government support and private investment. “This acceptance from the NHBC will encourage further investment into MMC, which will be critical to greening Britain’s new housing supply. “Institutional investment into alternative residential asset classes like build-to-rent and student accommodation has been key to driving the growth in MMC to date as MMC offers a number of qualities highly attractive to institutional investors such as quicker build time, improved energy performance and reduced waste and vehicle traffic on-site. “MMC gives institutional investors such as pension funds and insurers quicker access greener, more sustainable and efficient assets that can produce the long-term income streams needed to match their liabilities.”
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