The conveyancing process when buying a new build property is a more complex transaction than the purchase of an existing house. It therefore requires particular skills from your conveyancers. If you require conveyancing advice, or help with new build conveyancing, you can call us or e-mail us on firstname.lastname@example.org. Alternatively, visit our Get a Quote button where you can get an instant quote to your inbox in 30 seconds!
When purchasing a new build, you will often be required to exchange contracts within a tight timescale, often 28 days or less. Fletcher Longstaff’s expert new build conveyancing team are experienced in operating under tight deadlines. We can confidently liaise with you, providing expert conveyancing advice. We will also contact your new build property sellers and anyone else involved. Aiding in both the property purchase and your related property sale.
Why is buying a new build Conveyancing different?
When buying a new build, property buyers are often faced with committing to the purchase before the property is built. This is referred to as “purchasing off plan”. As a buyer, you may purchase the property before construction has begun, or during the construction process. Generally, it is likely that you will have only viewed the show home.
The new build conveyancing process is different to a normal property purchase because:
- It is the sale/purchase of a ‘new property’
- The developer will have a large number of sales progressing at the same time
- The developer may adopt a slightly different conveyancing process than normal
- It is a sale of part, and as the developer usually owns the whole site, they will be disposing of it in the form of lots
To reduce the chances of losing your potential new property, contact us at the earliest possible opportunity – any mortgage enquiries should be submitted quickly. Buying a new build often means that there is no fixed completion date, which can sometimes be problematic. However, the team at Fletcher Longstaff are conveyancing experts, and are very experienced in these situations. We will efficiently communicate with all parties, and providing conveyancing advice where necessary. Making the new build conveyancing process as stress-free as possible for you.
What if you are part-exchanging your property?
Part-exchanging an existing property can be as complex as any other home buying process. The builder’s solicitor must ensure that all legal aspects of the property are in order. The team at Fletcher Longstaff are able to offer a full legal service. So if you have any particular questions on new build conveyancing, please feel free to contact us today.