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New Build Conveyancing

Buying a new build property can be very satisfying. However, when you start looking at the conveyancing process ahead of you, you might look at it with a little bit of disappointment and regret. But you don’t have to because a conveyancing solicitor can help you with the conveyancing bit, but it also helps to understand what new build conveyancing is all about.

What is New Build Conveyancing?

New build conveyancing is a specialist area that is slightly different from a traditional purchase. When you commit to buying your home, it is usually before building works are finished, and sometimes, they haven't even started, which makes the conveyancing process even more critical.

Because there is a high potential for something to go wrong, new-build conveyancing is more complicated and delicate, requiring a professional solicitor to help with the registration and conveyance process of the property.

What is Different About New Build Conveyancing?

One thing you should know about new-build conveyancing is that it is a little more complex than purchasing an existing property.

Unlike buying an existing property, you may be buying one that is in the middle of being built or even before construction starts. As a result, this could affect various aspects of the conveyancing process, such as:

Turnaround time

Turnaround time is a crucial aspect of new-build conveyancing. Housing developers require a quick turnaround time because it allows them to access funds more quickly and achieve an earlier return on investment.

The process of completing new build conveyancing is also more complicated because:

  • The property may not comply with planning regulations
  • There may be incomplete agreements for roads and sewers
  • The new build sometimes fails to plan for the future maintenance of common parts of a development.

Because of these and other complications, it makes sense to find a good conveyancing solicitor for new builds in Bristol to oversee the purchase of the property and ensure it meets the various registration requirements.

What Can New Build Solicitors Help With?

The new build solicitor can help you with various aspects of the process, including the following:

  • Checking that appropriate planning permissions have been obtained and that the property has been constructed in accordance with the permissions.
  • Highlighting any restrictive covenants that have been written into the lease or registered against the freehold.
  • Explaining whether the property is leasehold or freehold
  • Ensuring there is a long-stop completion date written into the contract.

By having a qualified new-build conveyancing solicitor, you don't have to worry about the details of the purchase. Instead, you can enjoy the home-buying process.