New Build Sales and Purchases
Buying a new-build home can be appealing. New builds are less likely to need work or maintenance, tend to be highly energy efficient and, by being the first owner of the property, you also get to avoid the conveyancing chain.
However, buying a new-build property comes with its challenges. For example, as the house has never been sold before, it can be hard to know if you are paying the right price, and there is no existing owner to tell you what it is like to live there. Moreover, disputes between buyers and developers are common.
If you are considering buying a new build home, or thinking of selling one, expert advice from a specialist solicitor is vital. At Beverley Morris & Co., our team of new-build conveyancing solicitors have extensive experience in guiding clients through the additional pitfalls of buying a new-build home and can help you navigate the process to ensure a successful completion.
To speak to our New Build Sales and Purchases solicitors today, please call us on 020 8852 4433 or email enquiries@beverleymorris.co.uk.
How Our Local New Build Sales and Purchases Solicitors Can Help
There are certain additional challenges that come with buying a new-build property, and it is important to choose a new-build conveyancing solicitor who is experienced in working on new-build sales and purchases.
New-build purchases differ from the process involved in buying an older home in several ways, including:
· Unlike an older property, a new build property may not have been built, or is still in the process of being built, when you purchase it.
· Buyers usually need to pay a reservation deposit, which is often non-refundable, when committing to a new-build purchase.
· Usually, you have only 28 days to exchange contracts after reserving a new-build property, which is much quicker than traditional conveyancing.
· Estimated completion dates can often slip, meaning that you will have to keep an eye on the date of your mortgage offer to ensure it doesn’t run out before you complete.
New Build Home Solicitor Near Me
Conveyancing on a new-build property is generally more difficult than buying an older home. Common issues that can arise include non-compliance with planning regulations, National House Building Council (NHBC) inspections not being arranged, discrepancies in the site and location plans, and problems involving roads and sewers.
At Beverley Morris & Co., our new build sales and purchases solicitors are aware of all the difficulties encountered during the new build conveyancing process and will offer sensible, practical, and expert advice every step of the way.
To speak to our New Build Sales and Purchases solicitors, please call us on 020 8852 4433 or make an online enquiry.
Our Fees
We will always ensure you are fully aware of all costs involved, and your solicitor will explain these to you. For more information, you can contact our team or make an online enquiry.
Our New Build Sales and Purchases Team
Beverley Morris & Co.’s residential property team will be happy to speak with you regarding all areas of residential conveyancing, including buying and selling, mortgages, lease extensions, transfer of equity and the collective purchase of freehold. You can find out more about our team by clicking on the links below.
Other Legal Services
We can also provide specialist legal advice on other areas of law that may be relevant when you are organising your estate, such as Lasting Powers of Attorney, Probate and Estate Management, Family Law and Wills.
New Build Sales and Purchases Solicitor Blackheath
If you have any questions on the sale or purchase of a new build home, or want more information on anything mentioned above, please call us on 020 8852 4433 or email us at enquiries@beverleymorris.co.uk to find out more.
