New build conveyancing is often one of the most complicated conveyancing processes due to an increased chance of things going wrong.
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It is possible to do your own conveyancing in simple transactions, although it can be a significant time sink and require some understanding of legal jargon. However, in the case of buying a new build home there are a number of issues that may arise during the conveyancing process that it is prudent to hire a professional conveyancing solicitor or conveyancer to handle your case. Check your solicitor is regulated by the solicitors regulation authority. Things that have the potential to go wrong include:
Your solicitor will likely:
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You should also request the property specification, plans and drawings so you can be assured of exactly what you are getting for your money. New build houses are often customisable with the buyer being able to choose what fixtures and fittings they want, whether they require appliances and other extras such as a parking space. Be sure to have your choices noted in your specifications. Having a snagging clause written into your contract is also a good idea. Once the builder is finished with the property you will be able to run a snagging survey which will flag any areas which require remedial work (this could be either cosmetic or structural). It is a good idea to have this survey completed before final payment has been made and before moving in.
Once you have moved in your house should be covered under a NHBC warranty which usually lasts for 10 years. However, the NHBC are notoriously slow to action any issues and are more likely to side with the developers on certain issues, which is why a snagging survey is an important step in the buying process of a new build home.
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