Should I use a conveyancing solicitor for a new build purchase?
This is a question we get asked a lot since buying a new home might seem deceivingly simple. The legal aspects are something a lot of budding homeowners miss out and it can put you in a tough position. Some aspects of the acquisition of a new build home can be more complex than other types of conveyancing. From a legal point of view, there can be a lot more shortcomings especially if your home is still being developed/built. Issues from non-compliance, failing to arrange inspections, failure to plan for continued maintenance etc. are all commonplace especially at the rate that developments are being built across the UK. If rushed, a new homeowner can be put out of pocket quite severely if their title/contract isn’t checked through and proofed.
When you consider the potential risk of buying a new home, it’s always a safe bet to work with a professional conveyancer during the purchase.
Your conveyancing solicitor will guide you through the entire process, helping to inform you on what potential issues you may be facing in your contract. They will also ensure that any contract you’re signing into is in your favour in terms of protection. If your new-build home is incomplete, certain contractual agreements like having a ‘long-stop’ completion date can be included ensuring you have a set completion date for your property.