When purchasing a new build property, whilst some standard conveyancing steps are the same, there are some significant differences. For this reason, you need to secure a conveyancing solicitor with the right experience to handle your new build conveyancing.
Although some buyers believe it is safer with a ‘brand new property’, there are a set of unique challenges that affect the conveyancing process when buying a new build property. This is the same whether you are considering a property in a larger estate or a small, exclusive development. All these matters must be carefully assessed and resolved where necessary by an experienced New Build Conveyancing Solicitor.
A new build property, is just that, newly built on development land. Whilst it is common knowledge that any house buyer wants their builder to take the time and care needed when building adequate foundations for the property and using the correct building materials to form the structure of the house, it is also just as important from to ensure that drainage and service media are adequate and roads are or will be adopted, and to ensure you as the property owner have the adequate rights to use drains, roads and wider parts of the estate. This is where your new build conveyancing solicitor comes in.
In many cases, it is not uncommon when buying a new build property, for you to exchange and become legally bound to buy the property, long before the property is fully built and ready to move into. It is therefore vitally important to ensure all the paperwork and legal aspects of the property are in order and you are sufficiently protected, ready for when the property is ready to move into.
Our new build conveyancing solicitors will ensure the following:
When buying a new build property, you are expected to work quickly and efficiently as the reservation of a new build property is often subject to a strict timeline set by the builder or developer. In addition, as the property is brand new, you need an experienced property solicitor who knows everything to look out for with a new build property, that may be “reasonably assumed” when purchasing an existing property.
With our team of expert new build conveyancing solicitors, we are used to working with precision at speed. We have worked with the majority of major new home developers and also smaller scale house builders. Contractual negotiations include deposit protection, how the deposits will be held and utilised by the developer between exchange and completion etc.
We understand how to negotiate the best contract that works for you, as in some cases, the contracts prepared by developers work more in favour of the Developer, we are able to level the playing field here and negotiate terms more favourable to you.
It is not unusual for new build developers to have a recommended panel of solicitors they work with. It is always wise to speak to other independent firms to see what they can offer and understand some of the advantages of stepping away from what is recommended to you.
Our team of experienced new build conveyancing experts are on hand to chat to you about how we can help, our experience in the New Build property space and provide quotes and tailored advice to your specific set of circumstances. You can call, email or get a quick quote via our website.
If you are either considering, or have reserved a new build property, we can help take you through the conveyancing formalities up to completion, collecting the keys and moving into your brand-new home. We provide tailored fixed fee quotations for our conveyancing solicitors to act on your behalf and handle all the legal formalities of your new build home purchase.
If you are selling an existing property in order to move into a new build property, we have a team able to handle your sale ensuring that the two transactions run simultaneously in order to meet the strict timeframes set on the new build purchase.
If you are looking to sell your existing property by a part-exchange scheme, we can also help here, ensuring you receive the best possible service and outcome for your part-exchanged property and can look forward to moving into your new home
Finances and mortgages can be complicated when it comes to a new build property purchase, especially where there may be a long delay between exchange and completion if a property is not yet ready to move into. We have a wealth of industry experience of handling such matters and so can navigate you through the complexities with ease to ensure that you can purchase your new home in a way that works for you.
It is always sensible to have a chat with a solicitor as soon as possible when you are considering buying a property, to get an idea of how much fees will be and to check that the specific solicitor can take on your transaction. This is especially so with a new build property. The reason being is that there is often a strict reservation period within which to exchange contracts and so your solicitor needs to get the ball rolling straightaway in order to meet this.
New build developers often have a recommended panel of solicitors that they will offer to you. Some believe that the process may be quicker with the recommended solicitor because they are aware of the plots and are used to working with the and developer’s legal team, however this not always the case. It is always advisable to obtain your own independent quotes and chat to all the solicitors you are considering to get a feel for who you will be working with and how they work. Our team here at Express Conveyancing have a significant bank of expertise of working with many new build developers and so can provide a detailed transparent quote and answer any questions you have.
Yes, we can! We are used to working efficiently and accurately at speed, meaning that we can take on your sale and progress it along with the purchase of your new build. Our unique method of communication means, we can keep the sales teams updated with how both sides of the transaction are progressing.
Absolutely. The wider estate that your new build home is situated on is part of what the conveyancing solicitor will find out through the course of the transaction. However, as you will have most likely visited the site, you may have questions of you own and our solicitors will help you ask these and obtain answers which can help you make an informed decision about your new home.
Really pleased with the service. Kept me in the loop all the way through, even when things got tricky
Brilliant communication. There was always someone at the end of the phone whenever I needed to speak to someone about my house purchase. I also got regular updates through the portal.
Express Conveyancing helped me to sell my home and buy a new one. There was a lot to do in a tight timeframe and they worked really efficiently to make everything fall into place at the right time. They also kept me and the sales team fully updated
Great service for my New build Home
I instructed Express Conveyancing for my New build house. I was really pleased with the service and recommended them to all my friends. Thank you to the whole team for your hard work
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*Please Note that Our No Completion, No Fee Guarantee covers your first transaction only. Any subsequent transactions will attract a Legal Fee, if the transaction does not complete. In addition, the No Completion, No Fee guarantee does not extend to cover third-party disbursements which are payable regardless.