Buying a new build might bring benefits in the form of no upward chain and having a brand-new property to make all your own. However, when it comes to conveyancing, it’s a little more complex than buying a house that’s already in existence.
Do I need a conveyancer for a new build?
To ensure that you can navigate the differences in the legal process and that your rights are represented, it’s best to speak to a conveyancer.
A specialist new build conveyancer will be proficient with the laws and regulations, including any recent changes that may affect the buying process and your rights. When purchasing a new build property that is yet to be built or is still under construction, you are essentially buying it based on computer-generated plans, making professional oversight vital.
A conveyancer worth your time is one that can explain everything in jargon-free language. They will oversee the purchase and help navigate potential issues specific to new builds.
Some conveyancers offer a no completion, no fee policy. This means you won’t have to worry about paying for legal services if the sale doesn’t go through.
Get peace of mind
Instead of buying from a prior owner, you’ll be purchasing from a builder. You are buying on the basis of plans rather than an already built property. It’s a leap of faith, but having a good new build conveyancer by your side will help things run more smoothly.
Understand your rights
If you’re buying your first home or a forever home, it’s a big step. Perhaps you’re even looking to start a family in your new home. If that’s the case, you’ll want to make sure everything is just right. Property lawyers can help you understand your rights. There are a number of warranties available to protect against potential future structural defects. These stretch up to 10 years.
Get more from your contract
It is possible to add clauses to the purchasing contract that will help you avoid future troubles or disagreements.
For instance, you can make it a requirement for your builder to ensure the local water company and highway authority adopt the roads and drains on your new build property estate.
This should help protect your property from flooding and potholes.
Are you selling as well as buying?
Tying the two transactions together can save you money and make your move even smoother. However, with no fixed completion date, this is something you should consider when buying a new build. A conveyancer can help you potentially tie the two contracts together.
Speak to the experts at PDR Property Lawyers today. We’ll help you navigate the buying process with efficiency and personable service. Get in touch with us today or receive your instant quote by filling out our quick online form. With an exclusive focus on property law, we can give you the care and attention you need to successfully purchase your home. We can update you on the next steps and keep you informed of progress throughout the buying journey.