The Buildoffsite Property Assurance Scheme incorporates assurance and insurance as a means of mitigating many of the perceived risks to which the lending community and other key stakeholders in the residential market are exposed, in relation to offsite construction systems and techniques. The scheme incorporates an assessment against best practice of manufacturing and construction systems, construction system integrity and durability. It is supported by a national database of residential properties assured under the scheme, which may be readily assessed by valuers to support informed and accurate valuations.
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