New Build Conveyancing

We have extensive experience in dealing with the unique challenges of new build purchases. We collaborate with developers and lenders to facilitate a smooth transaction.
  • What is new build conveyancing?

    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.

  • How long does the new build conveyancing process take with Sky Solicitors?

    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.

  • What are the costs involved in new build conveyancing?

    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.

  • Why do I need a solicitor specialising in new build conveyancing?

    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.

  • Can Sky Solicitors assist with Help to Buy schemes on new builds?

    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.

  • What is a ‘snagging list’, and can Sky Solicitors assist with it?

    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.

  • What is the role of the National House Building Council (NHBC) and how is it relevant to my purchase?

    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.

  • What happens on completion day for a new build property?

    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.

  • Can I exchange contracts before the property is built?

    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.

  • What if there are delays in the construction of my new build property?

    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.

DISCLAIMER

The information provided in these FAQs is for general informational purposes only and may not reflect the most current legal standards or interpretations. Laws and regulations regarding leasehold enfranchisement are subject to change, and the specific circumstances of each case can impact its outcome. It is advisable to consult with a professional legal service provider like Sky Solicitors to obtain up-to-date and tailored advice based on your individual situation. Sky Solicitors can assess your case, provide accurate information, and guide you through the leasehold enfranchisement process in accordance with the most current laws and legal provisions.

Note: The FAQs provided are for informational purposes only and should not be considered as legal advice. It’s always recommended to consult with a professional legal service provider like Sky Solicitors for personalized advice related to your specific situation.