New-build buying
Buying a new-build home: a practical step-by-step guide
A new-build purchase often moves quickly after reservation, but speed should not remove the checks. Use this sequence to keep the exact home, written specification, finance, legal work and handover visible.
01 · What to check
1. Set a complete working budget
Start with the deposit and mortgage position, then ring-fence legal work, mortgage fees, a survey or snagging inspection, moving, tax and an emergency buffer. If the home has a service or estate charge, add it to the monthly comparison.
02 · What to check
2. Compare the exact home
A show home demonstrates a style, not necessarily the specification or layout you will buy. Record the plot or apartment number, orientation, floor, parking, storage, outside space and what is included in the quoted price.
- Request the current price list, floor plan and written specification.
- Separate standard finishes from paid upgrades.
- Ask which development phases remain under construction.
- Check tenure, estimated charges and management arrangements.
03 · What to check
3. Read before reserving
Ask for the reservation agreement before paying. Check the fee, refund terms, exchange deadline and what happens if finance or legal checks take longer. Do not treat a reservation as a substitute for an independent solicitor’s review.
04 · What to check
4. Progress finance and legal work
Give your solicitor and lender the exact property information promptly. Your solicitor can review title, tenure, planning obligations, warranty, charges, contract, completion provisions and documents relevant to the development.
05 · What to check
5. Inspect, complete and keep records
Understand when you can inspect the home, how defects are reported and which documents arrive at handover. Keep the contract, specification, warranty, certificates, appliance details and management contacts together after completion.
Check the official guidance
Property, tax and legal rules can change. Check the latest official information and speak with a qualified professional before making a financial commitment.
