Friday, 05 May 2017 09:15

Southern Conveyancing Solicitors. Property Investors Buying New Build. The Yield

Written by
Rate this item
(0 votes)

Property Investors buying New Build. Southern Developers begin to catch a cold. Southern Conveyancing Solicitors see the opportunity to open up a Northern office.

Conveyancing Market Shifts

The conveyancing market is shifting. Over the past few years the Southern Conveyancing Solicitors were placed next to the high demand Southern Property Developers stock.

They provided a nominated, preferred route for Southern Developers to keep control of their New Build Sales, albeit not as independent as it should be for their Buyers.

Now with leasehold issues coming to the market, that decision for Developers to push Buyers to use their Solicitors will now prove to be an issue.

To make matters worse the sales momentum for Southern Developers is reducing and the much needed pre sales from Investors is no longer a certainty. The Investor market is shifting.

What will happen Now

The southern Conveyancing firms will need to act fast as their cost base will be too high without the certainty of local New Build sales.

They may consider taking conveyancing work on at a lower rate to supplement their base line work. A difficult choice as that can cause issues with their existing Clients that are willing to pay their standard fees.

Some Southern Solicitors are already merging or opening up an office in the North.

Logically this situation is forcing all Solicitors to spread their financial risk, which can only long term strengthen their position.

Southern Property Developers

Southern property Developers need to act fast to lock down their stock with firm Buyers. Some have advised that Stamp Duty will be paid. Sounds good. Massive mistake. Under the CML (Council of Mortgage Lenders) rules that will need to be noted and the property will be valued at the market price minus the stamp duty. This impacts what the lender will lend and the Developer will be left with the Buyer having to walk away as the Buyer will not get the funding that they had hoped for.

Non disclosure of the Stamp Duty Gift isn't an option

Southern Developers need a Sales action Plan

We Help You Too Ltd has the sales software to provide control for Developers to use at a nominal cost. This provides Developers with a controlled way of sending stock to new sales outlets. The Homebuyer Conveyancing panel provides the impartiality for the new Buyers and Investors. A win win as Buyers have conveyancing choice and Developers can keep control of their Sales.

Buyers - Thinking Ahead

If you are Buying New Build then please do be careful on the value of incentives being provided.

This may cause an issue with your Mortgage Lender.

The best scenario is that you try and get your white goods included and maybe a discount on the advertised price.

Negotiate hard as fast exchanges for the Developer gives them certainty that a sale will proceed.

New Build Investors Buyers and New Build Homebuyers can compare conveyancing quotes online from the national Homebuyer Conveyancing panel without entering any personal details.

When ready they can take a conveyancing quote away and schedule a call to discuss their conveyancing quote.

Please do call on 0345 463 7664

If you need that supporting, helping hand to find your independent Conveyancing Solicitor.

Read 2008 times Last modified on Tuesday, 20 March 2018 12:39

Why Choose Us

The Homebuyer panel provides you with the cost of conveyancing calculation search filters to match your specific legal needs, when it comes to selling, buying residential property or buy to let property investments. Our Lender Solicitors conveyancing panel cover England and Wales. Your sale and purchase conveyancing prices are fully itemised. No hidden charges. Free No Obligation Advice

First Time Buyer? Need Conveyancing Advice? – Prepare your legal question and book a timed call back from your chosen Conveyancer by using the conveyancing quote tool.

Alternatively please call us on 0345 463 7664. We are here to help you.

Find your best Lender conveyancing panel approved Solicitors for your residential New Build, Sale and Purchase, Moving House or Remortgage by using our independent Lender Conveyancing Solicitor near me comparison service. 

Our Service Promise

  • Price Comparison service - No personal details
  • Conveyancing charges - Fully itemised - Include legal fees and disbursements
  • Book a call from your Conveyancer at your requested time
  • Professional Solicitors and Licensed Conveyancers that understand your needs
  • Please call us on 0345 463 7664 We will help you find your best Conveyancing quote
  • The Homebuyer Conveyancing Panel are monitored for on time call backs and service delivery. They adhere to a Customer Charter. We value Customer feedback and act on it
  • SRA Regulated Solicitors and CLC Licensed Conveyancers
  • Homebuyers can add the Flexi Smart Contingency House Insurance to their quote

      Find out about Buyers Protect Insurance.

      Read all about our Service Price Promise.

      Enjoy a Conveyancing Direct Service

      The Conveyancing Process Explained


Homebuyer Survey

Click the link -  SURVEY QUOTE

Order your Homebuyer Survey and Valuation

Is your new property in good order and worth what you are paying for it.

You can get a discount on the following reports.

RICS Condition Report - Property Condition

RICS Homebuyer Report - Property Condition and Valuation

RICS Premium Building Survey - Property Condition, Valuation with approximate costs / urgency

Get an Instant Online
Conveyancing Quote

Homebuyer Conveyancing is made up of a panel of licensed conveyancers and solicitors that cover the counties in England and Wales.

Customer Service Promise
Homebuyer Assured

Let's Talk!

If you would prefer to speak directly, please contact us on:

0345 463 7664