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Different Situations When Purchasing New Build Property

Business and Management
    • By Stephanie Rees
    • Comments Off on Different Situations When Purchasing New Build Property
    • June 17, 2020

Different Situations When Purchasing New Build Property

Buying a new build property is different from buying a simple house. Along with obtaining an energy performance certificate, your lawyer should find out the following information before the sale:

Access – You want a good right of access to the property and you should not have to pay extra for road maintenance. An agreement is usually reached between the site developer and the local authority. To get the best information regarding new build property via https://mpm-consultants.com/.

New Build Property

Image Source: Google

Under this agreement, the site developer is responsible for the maintenance of the property roads, until they are adopted (maintained by public funds). The developer will usually take out insurance against your agreement.

Planning Permission – Your lawyer will check if planning permission has been granted for your property and find out if any conditions are attached to this grant. If the permission is with conditions (as they often are) you should see that the developer has followed them.

Building Regulations – Building regulation consent must be obtained by the developer for your property. Building regulations provide the construction industry with a set of standards for the use of certain materials and adherence to the methods employed. The local authority has an unlimited retrospective time for enforcing building regulations and may include heavy fines if consent is not obtained. 

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Hi I am Ellie Saltau a business analyst and part time blogger. I am crazy about gathering latest information around the world. I have started this blog to share my knowledge & experience.

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