New Build Purchase Conveyancing

There are many incentives to buying a new build property – but there are also lots of potential risks. As experienced conveyancing solicitors, we can oversee the purchase of your new build, ensuring your position is fully protected.

At Aticus Law, we operate on a fixed fee basis. Contact our conveyancing solicitors for a no-obligation enquiry. We’ll discuss your requirements in more detail, after which we’ll provide a total quote for the work to be carried out.

Buying a new build – things to consider

Buying a new build property can be more complex than other types of residential property purchases. This is due to the potential for costly mistakes in the development and build process. Common issues include:

• Errors in complying with the planning process
• Incomplete or absent NHBC inspections
• Failure to finalise agreements for roads and sewers
• Insufficient planning for ongoing maintenance of the common parts
• Unforeseen delays
• Issues regarding access rights
• The need for a mortgage extension, if the build is not completed on time

To make matters even more complicated, most developers have a very short reservation period, with exchange of contracts often taking place 28 days after your offer is accepted. This leaves you with very little time to conduct the necessary searches and examine the paperwork.

That’s where we come in. Our conveyancing team have considerable experience in helping clients buy new build properties. We can get to work straightaway, ensuring you know exactly what you’re buying.

New build conveyancing solicitors

If you are thinking about purchasing a new build, we recommend that you instruct us sooner, rather than later. We'll provide expert legal advice to ensure you steer clear of potential problems. Our conveyancing solicitors will:

• Review the plans and paperwork to identify any issues
• Explain what the new build guarantee means in practical terms
• Help with your mortgage arrangements
• Ensure that your deposit is fully protected
• Check that the contract is favourable to your interests
• Discuss the advisability of a ‘long-stop’ completion date

The conveyancing process for new builds is unique, as the property probably isn’t finished yet. There are also additional deadlines set by the developer, along with specific mortgage requirements. Given these complexities, it is essential that you instruct an experienced conveyancing solicitor. We will guide you through the process, working to safeguard your interests at all times.