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One thing I would be asking is, what happens if developer goes out of business? Who is in giving the guarantee then? That has certainly been an approach used by the more nefarious end of the market in the past.
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I'd haggle for two years. Worth paying for a snagging survey, ideally before completion, to get a view on anything that isn't up to spec and getting it fixed before you move in.
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Assume this is a brand new house?
If so, you've got NHBC coverage on major things for 10 years (structural etc). The main thing I would be asking is what constitutes a snag - get a list of areas or items that are included and those that are not. Then I would check what falls into a grey area of not in snagging and not NHBC and see if you're happy with that.
I would also check what timings are attached. I.e, do they just come back at the end of the year and fix everything or will someone pop round every time you notice something?
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Good luck trying to get them back is all I will say, my pal bought a new build and they have basically bodyswerved the snagging citing every excuse under the sun!
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@frankohara
Developer has offered a year of snagging guarantee in a house we are thinking of buying and lawyer is happy to ask for this to be included in the contract. This is a first time dealing with a snagging clause, is there anything we need to make sure is definitely included or mentioned so we are covered properly?