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New build conveyancing FAQs

New build property refers to homes that have been newly built and which are being sold by local or national developers. In some instances, new build property can mean homes that have been substantially renovated.

It is common for developers to start selling their new build homes to prospective purchasers before the construction works are completed. This is perfectly normal and generally means that purchasers will not be able to view the interior of the actual property that they wish to buy and instead will need to consult the developer’s plans for details as to how the home will be laid out. Internal viewings can usually take place when the home nears completion.

In short, the new build homes come in all different shapes and sizes. New build properties can range from flats aimed predominantly at younger first-time buyers all the way through to large executive homes. Many larger developments contain a mix of flats and houses with varying different sizes on offer.

A reservation fee is paid to the developer to secure your prospective purchase of a particular home on a new build development. The payment of the fee provides you with the exclusive right to move forward with your purchase for a specified period of time. Many developers require that contracts for the purchase of the property are exchanged within a relatively short period of time following the payment of the reservation fee. The reservation will be used towards the overall purchase price when the transaction is ready to complete.

Yes! But we would say that, wouldn’t we? But it’s certainly the case that an approachable, efficient and pro-active conveyancing specialist (like the one at Eric Robinson Solicitors) can be the difference between a smooth transaction and a lengthy period of anxiety and uncertainty for a buyer.

Your conveyancer will be alongside you for an intense period of weeks. You need to be able to trust them to deliver the information and the advice you need, as well as having the energy and commitment to nudge the transaction along when it appears to be slowing down.

Exchange of contracts is the point where you become legally bound to purchase the property and the developer is legally bound to sell the property. At this point, you will pay a deposit (usually 10%) on the property that you are buying.

Exchange is a big step to take. If you decide to pull out of your purchase after paying the deposit, you’ll lose that money and you could be sued by the developer for their losses. So make sure that you iron out any issues with the property before reaching this point.

Completion is when you get the keys to your new home. This usually happens a few weeks after exchange but can be earlier (it can happen on the same day in certain instances). Completion day is a busy time. It’s when your lawyer and your lender ensure that purchase money is released, and any existing mortgages are redeemed. It’s only when that’s all done that keys will be handed over and the unloading of boxes can begin.

When buying a new build property, it is not unusual for contracts to be exchanged before the construction of your new home is completed. This means that you may be required to wait several days or weeks before the transaction can complete at the point where all of the building works have been signed off. The developer will normally provide you with around 1 months’ notice of the required completion date and this will afford sufficient time for you to put the necessary arrangements in place for moving day.

The simple answer is the process is identical. When buying a new build property your lawyer is required to thoroughly investigate the property to ensure that all legal aspects are in order. The only main difference is that because the property has not previously been owned by someone the focus will be on ensuring that the site and/or development has been properly configured and set-up. This will involve checking things such as rights of access and sewerage.

It is generally not a legal requirement to obtain a survey for a new build home however if you have any potential concerns then you would be wise to consider whether a survey ought to be commissioned. One of the potential advantages of buying a new property is that you should receive a 10 year warranty from the developer and many people consider that this negates the need for a survey.

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Excellent

Based on 423 reviews
12 Sep 2024

Excellent Solicitor

Sajith Pillai acted as my conveyancing solicitor for buying my property, he provided great support and completed all the necessary checks in short time. He checks everything and raise it to concerned parties for the clarification. He communicated every bit of information to me in detailed manner and it is very easy to understand. He helped us in understanding the process well and always available to clarify my doubts, I am very happy with his service provided to us. I would definitely recommend him. Thank you Sajith 🙂


Ramesh
10 Sep 2024

Outstanding service provided by Angela and Eric Robinson

Angela Payne acted as my conveyancing solicitor for the sale of my property and throughout the entire process, the service she provided was outstanding! From initial appointment and through to completion, communication was both clear and prompt, enabling me to make informed decisions. At times, where the transaction was being frustrated by the other party to the sale, Angela always made herself available for a phone call, providing both reassurance and soundboarding on ideas on how to keep the transaction moving forward, whilst maintaining a friendly and professional manner at all times. I felt confident that she was acting in my best interests. Angela is an excellent representative of Eric Robinson, and I am very grateful for the services she provided and would highly recommend.


Matthew
27 Aug 2024

Experienced Residential Conveyancing Solicitors

I had the pleasure of working with Eric Robinson Solicitors for the purchase of my home, and I am extremely satisfied with the service provided. Mr Sajith Pillai was highly professional, efficient, and kept me informed every step of the way. They made the typically stressful and complex process of buying a home feel seamless and easy. I would strongly recommend Eric Robinson Solicitors to anyone seeking a residential conveyancing solicitor. Thank you.


Nick
23 Aug 2024

Great service!

Great service from Sajith. Very good communication and constantly updated us. Thank you for everything- really appreciate it. Helped us achieve our dream home.


Nisha Thomas
22 Aug 2024

Excellent service

Eric Robinson Solicitors service was excellent.Our designated solicitor Sajith was excellent in all his dealings with us. He was very efficient and very fast with his replies, ensuring that all our doubts and questions were answered. We would highly recommend him to any of our friends and family. Thank you Eric Robinson Solicitors


Annis Panikulam
21 Aug 2024

Made the sale and purchase of our…

Made the sale and purchase of our property stress free. Provided easy non jargon communication. A special mention to Hannah Jones and Carly Dawson who worked extremely hard.


Darren
12 Sep 2024

Excellent Solicitor

Sajith Pillai acted as my conveyancing solicitor for buying my property, he provided great support and completed all the necessary checks in short time. He checks everything and raise it to concerned parties for the clarification. He communicated every bit of information to me in detailed manner and it is very easy to understand. He helped us in understanding the process well and always available to clarify my doubts, I am very happy with his service provided to us. I would definitely recommend him. Thank you Sajith 🙂


Ramesh
10 Sep 2024

Outstanding service provided by Angela and Eric Robinson

Angela Payne acted as my conveyancing solicitor for the sale of my property and throughout the entire process, the service she provided was outstanding! From initial appointment and through to completion, communication was both clear and prompt, enabling me to make informed decisions. At times, where the transaction was being frustrated by the other party to the sale, Angela always made herself available for a phone call, providing both reassurance and soundboarding on ideas on how to keep the transaction moving forward, whilst maintaining a friendly and professional manner at all times. I felt confident that she was acting in my best interests. Angela is an excellent representative of Eric Robinson, and I am very grateful for the services she provided and would highly recommend.


Matthew
27 Aug 2024

Experienced Residential Conveyancing Solicitors

I had the pleasure of working with Eric Robinson Solicitors for the purchase of my home, and I am extremely satisfied with the service provided. Mr Sajith Pillai was highly professional, efficient, and kept me informed every step of the way. They made the typically stressful and complex process of buying a home feel seamless and easy. I would strongly recommend Eric Robinson Solicitors to anyone seeking a residential conveyancing solicitor. Thank you.


Nick
23 Aug 2024

Great service!

Great service from Sajith. Very good communication and constantly updated us. Thank you for everything- really appreciate it. Helped us achieve our dream home.


Nisha Thomas
22 Aug 2024

Excellent service

Eric Robinson Solicitors service was excellent.Our designated solicitor Sajith was excellent in all his dealings with us. He was very efficient and very fast with his replies, ensuring that all our doubts and questions were answered. We would highly recommend him to any of our friends and family. Thank you Eric Robinson Solicitors


Annis Panikulam
21 Aug 2024

Made the sale and purchase of our…

Made the sale and purchase of our property stress free. Provided easy non jargon communication. A special mention to Hannah Jones and Carly Dawson who worked extremely hard.


Darren
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