How Can Our Conveyancing Solicitors Help?
The legal process of buying a new build property is different and often more complicated than an existing property.
Usually, when buying a new build property, your offer is accepted by the builder before the property is structurally complete.
At Banner Jones, we understand that owning your new home is deadline driven. You'll have a dedicated and proactive member of the conveyancing team to handle your matter and we'll keep you informed every step of the way.
For more information on purchasing a new build property, speak to our team of residential conveyancing specialists. They are more than happy to help. Call .
The Four Key Stages of Buying a New Build Home
Step One: The Reservation Process
If you are buying off plan then you will need to pay a reservation fee to secure your chosen plot. You will receive a reservation agreement at this stage which outlines exactly what you are buying and what's included in your house. It is also wise at this stage to have a mortgage in principle secured so that you have the finance in place for when the house is ready.
Step Two: Instruct a Solicitor to Complete the Conveyancing
When you purchase a new build property, you will usually have a limited period of 28 days to exchange contracts. Choosing a solicitor who already has knowledge of the development site will help you to achieve this often tight deadline. You will now need to secure you formal morgage offer so that the money is ready to be transferred on completion.
Step Three: Exchange of Contracts
As part of the conveyancing process, contracts are exhanged between you and the seller, which is usually the developer in this instance. At this point you may be able to access the house to complete a snagging list. This gives the developer chance to fix these items before you move in.
Step Four: Completion Date
This is the date when monies are transferred and you receive the keys to your new home.
Why choose Banner Jones Family Law Solicitors?
Timing is Crucial with a New Build.
At Banner Jones, we understand that owning your new home is deadline driven. You'll have a dedicated and proactive member of the conveyancing team to handle your matter and we'll keep you informed every step of the way.
For more information on purchasing a new build property, speak to our team of residential conveyancing specialists. They are more than happy to help. Call .
Introduction to our New Build Homes Team
Our expert team will handle the legal process as quickly and efficiently as possible.
How to Avoid Property Fraud
We know that moving house is often a very busy and stressful time. This may leave you more susceptible to falling victim to property fraud. This guide outlines useful advice on what you can do to help protect yourself.
Thinking of turning your home into an Airbnb?
The restrictions on overseas travel has seen a race for UK holiday accommodation. Where property owners look to make money from ‘staycations’ by offering their homes on sharing platforms such as Airbnb, the ease of letting does not take away the responsibility to understand and keep up with relevant rules and regulations.
Tips for becoming a landlord
Help To Buy ISA - How Have They Done?
Recent government statistics have revealed that the Help to Buy ISA scheme is helping first-time buyers to get on the property ladder three years earlier than they otherwise would. The result has been calculated by looking at the average age of first-time buyers both with and without the ISAs. On average, those who use the ISA to buy their first home are three years younger than those who do not, with the median age of those using the Help to Buy ISA being 27.
Property Scam – A Cautionary Tale
It’s a troubling norm of today’s society that most people will have heard a horror story about property fraud from a family member, a colleague from work or simply reading online. Importantly, these stories need to be kept in perspective: remember, the tales of properties being rented and sold without any noteworthy problems are the ones people usually don’t bother sharing! However, it’s also worth taking heed of the negative experiences of others to ensure you do everything you can to avoid falling into similar traps.
A Guide to Buying a New Build Home
Our top tips to consider when buying a new build home.
What impact will an interest rate rise have on young homebuyers’ mortgage bills?
Recent official figures have revealed that homebuyers are being lent more money by banks than at any time since the global financial crisis a decade ago, with many of the borrowers being young people for whom stepping onto the property ladder is barely affordable. As such, billions of pounds of debt which may prove unsafe is being taken on by them at a time when interest rates are expected to rise.
5 steps to a simple house move
Is it ever possible to get the keys to a new home without gaining a few grey hairs? Read on to find out how to make it as simple as possible.
The Ultimate Guide to Moving House
Check out our top tips below to ensure a smooth and easy moving day.
Chesterfield Moving Guide
Moving to Chesterfield? Check out our Chesterfield Moving Guide for tips on how to turn your house into a home.
How to Buy a Help to Buy Home
We have prepared an article compiling some key information breaking down the 3 stage process of buying a home on the help to buy scheme.
Buying and Selling Houses
Download our free guide covering everything you need to know about the process of buying or selling a residential property.
Online Privacy in the Office
Companies are within their rights to monitor the private online activities of their employees when they are in the office.
Birth Injury- The patient’s right to information
A woman recently won damages on behalf of her son for injuries sustained at his birth as a result of the alleged negligence of a consultant obstetrician and gynaecologist.
Divorce Survival Tips
We’ve enlisted the help of some local relationship counsellors in Sheffield to provide you with some survival advice to help get you through a divorce.