The legal aspects of buying a new build can be more complicated than for other types of property. We do not believe in a one size fits all approach and therefore assign all new build purchases to a specialist team that is overseen by experienced, qualified lawyers.
Property lawyers working on new build purchases need to work quickly, due to the tight exchange deadlines imposed by developers. But, it is equally important to have an experienced lawyer capable of navigating through the various issues ranging from planning, to building regulations approvals and also the status of the estate roads and sewers.
You will need a lawyer that can review and advise you on vast amounts of paperwork in a clear, succinct and accessible manner. As part of our service you will receive advice on the new build warranty on offer, any restrictions on the use of the property by the developer in the form of covenants, as well as warnings about any risks associated with the development you are purchasing on.
Whilst we will give some information that is applicable to all new build purchases, you will also receive bespoke advice that is applicable to your individual transaction. We do not simply repeat generic advice, as is the case with other property lawyers.
Some new build conveyancers have relationships with the developer who is selling the property. In return for acting on many plot purchases they will pay the developer a form of commission. MJP however value our independence above all else. We place the client’s needs at the heart of all we do. Our job is act for you to ensure you purchase the property quickly, but free from issues and risk. We will work towards the developer’s deadlines and update them regularly, but will never compromise on integrity to rush through such an important transaction for our client. That is where we believe we can add real value over that of a developer’s ‘preferred’ lawyer.
Speed is always important, but not at the expense of accuracy and attention to detail. MJP are specialist property lawyers that can achieve both for any client wishing to purchase a new build property. If you would like to learn more about our services and how we can help you purchase you new home please contact Ben Pett (firstname.lastname@example.org)