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In the video, Amanda Payne from Fishers Solicitors discusses the warranty that comes with buying a new build property. Typically, buyers receive a NHBC 10-year warranty, with the first two years requiring them to go directly to the builder for major structural issues. For the remaining eight years, claims are made through NHBC, who will send a surveyor to inspect and fix any damages. This warranty does not cover minor issues like paint touch-ups or plastering, which are considered snagging and should be addressed separately.