When purchasing a new build property, buyers are often faced with having to exchange contracts and commit to the purchase before construction or very early in the construction process. Often they will have only seen the show home and sales brochures.
In addition, developers will frequently only provide the purchaser with a four week window of time from the date they reserve the property in which to exchange contracts. This can be for many reasons e.g. they require your deposit to fund the ongoing development costs or the property may be situated on a popular development and there are other purchasers on a waiting list.
It is therefore essential that buyers appoint a good solicitor who understands the complexities of buying a new build property, is familiar with the way in which the contract documents are drafted and is able to meet the deadlines that are involved. There can also be the added complexity of having to understand the Help to Buy process if the scheme is being utilised to fund the purchase of the property.
At Rowlinsons, we are aware of all of the above and therefore have a dedicated team who only deal with new build properties. Due to our expertise and knowledge we are highly recommended by a number of nationally renowned developers to new build purchasers on their sites.
For a free, no obligation quote please call 0800 047 8182 or click here for an instant online quote.