New Homes Conveyancing

Our client was part-exchanging their existing property for a new build home in Northamptonshire. The developer, with whom we have a good working relationship, knew the property would be ready for completion in June.

Both the client and the developer wanted a quick turnaround on the purchase and the part-exchange sale. The client had been referred to us by the developer and it was important that completion took place before the end of June so the client could benefit from the incentives being offered.

We moved quickly to ensure the tight deadline could be met without compromising on the quality of our work.

Searches were submitted as soon as we received the initial payment, and we reported on the title and search results promptly. We raised enquiries with the developer’s solicitors and, once the mortgage offer arrived, reviewed it alongside the sale statement. We also requested and reviewed the source of funds documentation from the client.

Throughout the process, we ensured that all enquiries raised on the part-exchange property were responded to in a timely manner. Our team worked closely with both the client and the developer to meet the expectation of a short timeframe, while still carrying out all necessary checks and due diligence.

Rosie Titmuss had conduct of the matter, with support from Elisha Conway.

The client was able to complete within four weeks of instruction, meaning they moved into their new home quickly and secured the developer incentives that were due to expire at the end of June.

The client was pleased with the service provided and relieved that the timeframe had been met.

“Working with Franklins made a difficult situation manageable. Their communication and professionalism were second to none.”

When purchasing a new build property, deadlines matter. Developer incentives are often time-limited, and delays can mean missing out on significant benefits.

This case demonstrates that tight deadlines can be met without compromising the standard of legal work. Clients can have confidence that we will work efficiently while still ensuring all necessary checks are completed properly.