A new build property is one that has recently been built and not yet occupied for the first time or a property not yet fully constructed. Buying a new build property can offer customisable modern features, energy efficiency, lower maintenance costs and warranties for structural issues.

It is important however to be aware of any potential drawbacks or unfair contract terms in favour of the developer. The nature of a newbuild transaction often means exchanging and parting with your deposit before the property is complete and within a tight deadline set by the developer. At Lilac Law we have the expertise and efficiency to provide you with an understanding of this process allowing for you to make informed decisions on risks were purchasing a new build despite the tight timescales.