Once your offer has been accepted on your new property, contact us and we'll send you an engagement letter which will include a request for two forms of identification (for each named buyer).
We will also send a letter to the developer's solicitors confirming that we are acting on your behalf and requesting they provide a contract package including a draft contract.
We check the developer’s title and raise any necessary enquiries with the developer's solicitors.
We will check that your new property benefits from the relevant planning permission and building regulations approval and we will check the New Build warranty offered by the developer.
We carry out a number of searches on the property. These searches will depend on the location of the property, your requirements and your lender's requirements.
We check your mortgage offer and let you know of any special conditions of which you should be aware.
If any incentives have been agreed with the developer e.g. your stamp duty being paid or additional items included, we will report these to your mortgage lender for their approval.
If you are buying with the assistance of the Help to Buy Scheme, we will also need to check that your mortgage lender is aware of this and that the scheme requirements are complied with.
Once we have received and reviewed the title, your mortgage offer, the search results and the replies to any enquiries raised, we will prepare a report for you and arrange for you to sign the purchase paperwork. We will also request the deposit from you.
If you are buying with the assistance of the Help to Buy Scheme, we will apply to the Help to Buy Agent for their authority to exchange contracts.
We contact the developer’s solicitors to exchange contracts. Once both parties have signed and dated a copy of the contract they are both legally bound to the completion date. Often with a New Build property the completion date may not be fixed on exchange of contracts and completion will be on notice.
The signed contracts are then exchanged by post, and your deposit cheque is sent to the developer's solicitors.
We will carry out a bankruptcy search (if you are having a mortgage) and a Land Registry priority search.
We will request your mortgage advance and any balance money from you.
If you are buying with the assistance of the Help to Buy Scheme, we will apply to the Help to Buy Agent for the Help to Buy money to be released.
On the day of completion we will arrange for the purchase money to be sent to the developer's solicitors. Once received, the purchase is complete and you can move in!
We deal with post-completion formalities, like registering the property in your name at the Land Registry, arranging for the New Build warranty to be issued and submitting the Stamp Duty Land Tax Transaction Return, so you can focus on enjoying your new home.
Great success for BHW New Build at the Help to Buy Leicestershire Roadshow
Help to Buy Midlands brought its roadshow to Leicestershire to help more local people into home ownership.
Help To Buy Roadshow Leicestershire Saturday 3rd June 2017
Speak to our specialist New Build solicitors and find out about the different Help to Buy schemes and learn about new and up and coming developments in your area.
BHW New Build appointed to the Help to Buy Midlands panel
We are one of the very few East Midlands Firms appointed to the Help to Buy Midlands Panel
Government reform of the housing market and boost supply of new homes
The Government has set out a broad range of reforms to help the housing market and increase the supply of new homes in England.
Help to Buy Equity Loan scheme for first time buyers and existing homeowners
The scheme helps you to buy a newly-built home with an equity loan of up to 20% of the full price of the property. You won't have to pay any interest charges on this loan for the first five years and you own 100% of your own home from the start.
All you need to know about the government-backed Help to Buy Scheme in our handy guide.
Buying and selling New Build properties can be confusing. Cut through the jargon with our helpful glossary.
"The service was efficient, friendly and very professional. I would offer no ways to improve the service as I was very happy."
Help to Buy is here to help. And it's not just for first time buyers. Help to Buy can help you get onto the property ladder, or move up it.Visit Website
The calculator works out the Stamp Duty Land Tax (SDLT) you'll have to pay for residential purchases.Visit Website
NHBC is the UK's leading independent standard-setting body and provider of warranty and insurance for new homes.Visit Website
For all applications received at Land Registry offices on or after 17 March 2014Visit Website