The Personal Guarantee

Your Shield Against Building Project Nightmares

Have you heard horror stories about builders vanishing mid-project, leaving homeowners in financial ruin? At My Build My Way, we’ve implemented a robust safeguard to protect you from such nightmares.

The Limited Company Loophole

Traditionally, contractors operating as limited companies could exploit legal loopholes to evade responsibility:

  • Claim liquidated damages
  • Hide behind their company structure
  • Reduce disputes to civil cases, not criminal matters
  • Potentially liquidate, leaving clients out of pocket

Our Ironclad Solution: The Personal Guarantee

We’ve revolutionised the building industry with our mandatory Personal Guarantee policy:

  • Directors Held Personally Accountable: All company directors we work with sign a Personal Guarantee.
  • Beyond Limited Liability: This guarantee extends liability beyond the company to the individual.
  • Criminal, Not Civil: In case of misconduct, it becomes a criminal matter, not just a civil dispute.
  • Powerful Deterrent: This policy has effectively filtered out potential cowboys from our network.

Our Unwavering Ethos

Our stance is crystal clear: if a contractor isn’t willing to stand behind their work with a Personal Guarantee, they’re not the right fit for My Build My Way or our valued clients.

This commitment to accountability ensures that only the most trustworthy and professional builders make it through our rigorous vetting process, providing you with unparalleled peace of mind for your building project.