Purchase a New Build property off-plan

Purchasing a New Build property? Homebuyers and Investors may have to exchange contracts before the property is built.

Actual blog 

Developers release off plan properties

Sometimes Developers release off-plan properties to buy to let Investors and Homebuyers. They can purchase a property off plan and exchange contracts before build complete. This could be within 28 days of the purchase offer being accepted by the developer.

A fast exchange brings certainty to the developer. They can accept offers for the property below the asking price. The buyer negotiates to get the best deal based on a fast completion.

Buyers need to be aware on what is included in their purchase and to what standard. Ask your developer if you can see their show home. Take photographs so that you can be sure that your property is to the same standard when you are ready to complete.

New Build  - Conveyancing Solicitors

Instruct a Conveyancer that understands what is required to get your property exchanged within the developer set time period.

Instruct your New-Build Conveyancer whenyou reserve the property. Have a Mortgage Lender in place. Check if you need to use a Conveyancer on their approved mortgage lender panel of Conveyancers. 

You can search online for a Mortgage Lender Conveyancer using our Lender conveyancing quote tool.

Mortgage offers do expire. You may need to extend the offer.  Ask your lender about the mortgage offer extension process.

The Mortgage Lender will want to do a final inspection before monies are released to your Conveyancing Solicitor.

Use our conveyancing price comparison service to filter for New Build Conveyancers.

Visit any of the websites below to find your New Build Conveyancer
Lender Conveyancing
My House Legal Fees
Homebuyer Conveyancing
Save and Convey