Fidelity Fund NT is a not-for-profit trust that protects homeowners in the residential building sector. It was set up in 2013 to support the Northern Territory Government’s building reforms, to ensure residential projects are completed and homeowners are covered in the case of a builder not being able to complete their home build. Fidelity Fund NT is currently administered by the Master Builders Association Northern Territory (MBANT).
Anyone thinking of engaging a residential builder should familiarise themselves with the strengths and limitations of Fidelity Fund NT, which are outlined on this website.
When in doubt about a builder or your contract, you can contact us, the Northern Territory Government’s Building Advisory Services, or Northern Territory Consumer Affairs.