NewBuy Scheme - conveyancing solicitors

Our residential conveyancing solicitors have in–depth knowledge of the property purchase schemes available on the market. We have been carrying out conveyancing for people purchasing properties under these schemes since inception. We understand how these schemes work and the aspects that are critical to make the conveyancing run as smoothly as possible for our clients.For a free and instant conveyancing quote without obligation or call us on 0203 816 0076.

The relatively new introduction of the NewBuy Scheme is no exception. The NewBuy Scheme in many instances assists first time buyers in terms of getting on the property ladder. Many first time buyers have in recent times struggled to raise the required deposit. Under this scheme buyers only have to find a 5-10% deposit and you can have a 90-95% repayment mortgage. Not all builders are currently offering this service so buyers will first need to find a participating builder and then apply for a NewBuy mortgage from one of the participating lenders. There are some criteria to fulfil to ensure you are eligible. Once you are able to proceed with the scheme, we have the necessary experience to complete the conveyancing on the purchase of a new build property.

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First time buyers

Many people purchasing new build homes will be first time buyers. We are happy to offer first time buyers a 10% discount off our solicitors’ fees. In addition to this we are offering our product Homebuyers Plus to all those that instruct us for conveyancing. This provides purchasers with peace of mind in terms of protecting you against a number of events that may make your purchase fall through. If this was to occur some costs that you have outlaid can be recovered subjects to terms and conditions. 

If you would like more information on the NewBuy Scheme contact our specialist team on 0203 816 0076 for a free, no obligation initial chat with one of our legal advisors or request more information via our online enquiry form.

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As an award-winning top 150 law firm, with over 450 staff based in offices across the country, you're never far from the advice you need.