New build conveyancing refers to the process of transferring the legal title of a newly built property from the developer or builder to the buyer. This process often involves unique challenges and considerations compared to standard property transactions.

The conveyancing process for new builds can often be quicker than for existing properties, as there is no chain of transactions to consider. However, it can still vary based on factors like the developer’s timeline, the stage of construction at the point of sale, and other legal considerations. On average, it may take between 8-12 weeks.

The costs for new build conveyancing include our legal fees, disbursements (such as search fees and Land Registry fees), and potentially Stamp Duty Land Tax (SDLT), depending on the property price and your circumstances. We will provide a full breakdown of the costs at the start of the process for complete transparency.

New build conveyancing often involves tighter deadlines, the review of planning permissions and building regulations, dealing with builders’ warranties and guarantees, and sometimes dealing with leasehold aspects if the new build is a flat or part of a shared ownership scheme. Therefore, a solicitor with specific expertise in new build conveyancing, like those at Sky Solicitors, is crucial.

Absolutely, we have extensive experience helping clients purchase new build properties using Help to Buy schemes. We can guide you through the application process, liaise with the relevant agencies, and handle all necessary legal paperwork.

A snagging list is a list of defects or unfinished work in a new build property that the builder needs to address. While creating a snagging list is not a legal requirement, we can advise you on the best time to get a snagging survey done and what to do if the developer fails to address these issues.

The NHBC provides warranties for most new build homes in the UK, offering protection against structural defects. We can guide you in understanding your NHBC warranty or similar guarantee, ensuring you know what it covers and how to make a claim if needed.

On the day of completion, your mortgage lender releases the funds, and these are sent to the developer’s solicitor. Once received, the developer will confirm that the property ownership can be transferred, and you’ll get the keys to your new home.

Yes, it’s common to exchange contracts before the construction of a new build is complete. However, this should be conditional on the property being finished to a satisfactory standard. We can ensure your contract protects your interests in this regard.

Delays can occur, and it’s important to ensure your contract allows for flexibility in the completion date. At Sky Solicitors, we can help manage your relationship with the developer and ensure your contract protects you in the event of delays.