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  5. New Build Properties

New Build Properties

Buying a new-build property differs from buying a traditional property, and it is often the case that buyers are faced with the daunting prospect of committing to the purchase before the property has even been built.

New-build purchases can be notoriously complex. It is usually necessary to check over various additional information to ensure that every eventuality is accounted for, like the applicable laws surrounding plot purchases and planning permission to name but a few. In addition, many developers will only allow a short period of time for both parties to successfully exchange contracts once a new-build property has been reserved. Failing to stick to these time limits may result in the buyer losing their deposit and missing out on the property.

QualitySolicitors Davisons' New-Build team

With all this in mind, it's important that you instruct a solicitor with the technical knowledge and expertise in new-build purchases. This is why QualitySolicitors Davisons houses a dedicated New-Build team, who are specialists in conveyancing transactions for new-build properties. Our New-Build team understand the necessity to ensure that time limits are adhered to and legal documents are thoroughly checked. Our aim is to make the whole process as quick and stress-free as possible. We avoid unnecessary legal jargon and communicate with you in plain, clear English.

Many new-builds can also be purchased with the addition of a Help-to-Buy Equity Loan and ISA, and at a discounted market value. All of these will require additional processes and checks to be carried out by your solicitor. To a lay person these may seem extremely complex, but we have experts at QualitySolicitors Davisons who are experienced in the entire new-build process. We ensure that we have appropriate processes in place to make things run as smoothly as possible with minimal fuss.

Want to know more?

Our Free Initial Assessment gives you the chance to talk with one of our experts so you can find out how we can help. There’s no charge and no obligation whatsoever.

Call us on 0121 514 5279 and we’ll arrange your Free Initial Assessment at a time convenient for you

Useful links

Read our 9 top tips for first-time buyers.

Vist the Help to Buy website for more information about government initiatives to encourage buyers to get onto the property ladder, including the Help to Buy Equity Loan for new-build properties.

Moneysavingexpert has a downloadable guide for first-time buyers looking for more advice about obtaining a mortgage.

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