The
Gold Shield Ten Year Warranty Scheme provides purchasers
of new park homes with total peace of mind. Gold Shield was launched in
1987 as a statement of confidence in the quality and durability of park
homes and there are currently nearly 950 parks registered with the scheme
and over 10,000 park homes are covered.
The Gold Shield Ten Year Warranty is managed by a Board
of Trustees from the Park Home Industry and administered by the National
Park Homes Council. Gold Shield operates an independent
financial reserve, financed by the park home manufacturers, which ensures
that homes registered under the warranty benefit from full structural
cover for a ten year period.
The Gold Shield Warranty is available FREE OF CHARGE to park home owners. These benefits are provided alongside and in addition to your purchaser’s rights under the law. Your responsibility is to ensure that you take good care of your home, including maintaining regularly the coated exterior surfaces, in accordance with the manufacturer’s recommendations.
Gold Shield is a warranty to cover rectification work in the unlikely event of a failure or defect in the structure of your home for a period of ten years. Decorations, appliances and furnishings, purchased as part of your home originally, are also covered for the initial period of the warranty as shown in the section – What does Gold Shield cover?
Year One
During the first year, your new park home will be fully covered
by the warranty to include the whole structure of the home and every part,
component, fixture and fitting.
Year Two
The second year of the warranty provides you with a similar level
of cover as year one, with the exclusion of any fault or defect arising
from central heating boilers and controls, any electrical or gas installation
with moving parts, soft furnishings, floor coverings and internal decoration.
Years Three to Ten
Years three to ten provide you with protection against any major
defect in the structure of your home (the load bearing parts of its floor,
walls and roof).
Exclusions are specified in detail in the Park Home Purchaser’s Warranty Agreement. Gold Shield is not an insurance policy and does not cover risks normally associated with home insurance, such as theft, fire and accidental damage. You should ensure that you are covered against these risks with a reputable insurer.