How New Build Conveyancing Works

When buying a new home, the conveyancing process can be a cause of initial concern for some as it may be unfamiliar. If you buy from another individual, you have a solicitor, the seller will also have a solicitor, and the two act on behalf of their client and liaise with each other throughout the sale. Even when buying a new home from a developer, the new build conveyancing process is very similar.

The Importance of a Specialist New Build Conveyancing Solicitor

With any legal transaction, you should ensure that your advocate has the skill and experience needed to act on your behalf. There are subtle differences when buying a new build as opposed to from another individual. it would be wise to ensure the person you instruct has least some experience of this form of property purchase. We work with a panel of solicitors that we often recommend to our purchasers, as they are familiar with our developments and can answer queries promptly ensuring the buying process runs quickly and smoothly.

Specific Factors for New Build Homes

A new build has some clear differences compared to other properties and so due consideration must be given to these during the conveyancing procedure. One thing to factor in is the building completion date as you may be buying a property that is not yet finished, this may also impact your mortgage offer. Most mortgage offers are valid for six months, but if needed you may be able to apply for an extension. Alternatively, specialist lenders are available who will offer mortgages that have a longer expiry period. We are able to offer the services of an Independent Financial Adviser who is familiar with the mortgage requirements for new build homes.

Ensuring Smooth Conveyancing

What any buyer truly wants from the conveyancing process is for it to go smoothly and to be stress-free. With a new build home, this should actually be easier to achieve. There is a lot more certainty, or there can be, as there is no upward chain, and of course, a developer such as Jones Homes and the solicitor acting on our behalf are both very experienced in the home-selling process.

Our solicitor will liaise with your appointed solicitor to arrange contracts and work towards an exchange. To ease the process, for both you and your solicitor, we have a number of steps in place. These include:

• We provide detailed information about the property to be sold. This contains, in writing, much of the information your solicitor would need to know, thus making the process quicker and more transparent.
• Reliable information about the NHBC Build Mark Cover is provided.
• We provide contacts who can answer all queries whether from you or your solicitor, this is available throughout the buying process.
• Information is provided regularly about the structural completion of the property. Once a purchase legal completion date is agreed we will ensure that the property is ready, that the transfer of property can take place, and that you will receive a demonstration relating to use of the property – for instance how your new appliances or heating work.
• Information will be provided that gives clear details of the two-year Jones Homes guarantee and the after-sales service you can expect from us
• Documentation will be provided relating to the Consumer Code for Home Builders – a series of standards we adopt in our work.

Buying a New Build With Confidence

As our home is often our largest investment, having confidence in your developer is very important. Jones Homes are a family business that has been building new homes since 1959. We are an HBF 5-star rated builder for customer recommendations. The highest rating possible, meaning a minimum of 90% of customers independently surveyed have said they would recommend Jones Homes to a friend.

Please do also contact us with any queries relating to the new build conveyancing and home buying process.

If you visit any development, you can also arrange to speak to our advisors there who will be happy to provide details and answer any queries.