Buying a new build home is an exciting journey , but it comes with its own unique timeline and legal process. Whether you’re a first-time buyer or upgrading to a new development, this guide breaks down every stage of the new build home buying timeline from first viewings to moving in.
1. Research & View (Weeks 0–2)
Start by researching new build developments in your desired area. Visit show homes to compare layouts, finishes, and available plots.
Key actions:
- Compare developers and available plots
- Speak to a mortgage adviser for an Agreement in Principle (AIP)
- Review what’s included in the price (fixtures, fittings, warranties)
- Ask about build stages, estimated completion dates, and available incentives
2. Reserve Your Plot (Weeks 2–3)
Once you’ve chosen your perfect plot, you’ll need to pay a reservation fee and sign a reservation agreement. This typically secures the price for 28 days, your window to exchange contracts.
Don’t forget:
- Confirm all upgrades, offers, and extras in writing
- Your legal and mortgage processes now begin
3. Instruct Your Conveyancer (Immediately After Reserving)
This is a crucial step, choose a conveyancer experienced in new build homes. They’ll carry out all the necessary legal checks and ensure your interests are protected.
Your conveyancer will:
- Investigate land title, planning permissions, and restrictive covenants
- Review drainage, road adoption, and service access
- Send you your legal contract for review and signature
Tip: Aim to exchange contracts within the 28-day reservation period.
4. Finalise Your Mortgage (Weeks 3–5)
Now that you’ve reserved a property, it’s time to submit a full mortgage application. The lender will carry out a valuation (especially important for off-plan purchases).
What happens:
- Lender assesses your application and property details
- A valuation or survey may be conducted
- A mortgage offer is issued (valid for around 6 months)
5. Exchange Contracts (Around Weeks 4–6)
This is the moment you legally commit to the purchase. Your conveyancer will exchange contracts with the developer’s legal team, and you’ll pay your exchange deposit (often 10%).
At exchange:
- You are legally bound to buy the property
- Developer commits to a completion deadline (long-stop date)
- Developer continues building the home toward completion
6. Property Build & Updates (Weeks 6 to Completion)
This phase can vary widely depending on how far along your plot is in construction. Stay in touch with your developer for regular updates on the build stage and expected finish date.
Use this time to:
- Organise your finances
- Start planning your move
- Schedule removals and furniture delivery
7. Notice to Complete (Typically 10–14 Days Before Completion)
Once your new home is build-complete, the developer will issue a formal Notice to Complete. This means your move-in day is approaching!
Before completion:
- Confirm final funds with your solicitor (including Help to Buy if used)
- Arrange buildings insurance
- Final legal checks are carried out by your conveyancer
8. Completion & Move-In (Final Week)
Congratulations, your new build home is ready! On completion day, your solicitor will transfer the remaining balance and you’ll receive your keys from the developer.
On the day:
- Receive your keys and welcome pack
- Developer may give a home demonstration
- Carry out a snagging inspection and submit a snag list promptly
Buying your new build home
Buying a new build home involves several carefully timed steps, but with the right legal support and clear expectations, it doesn’t have to be stressful.
At PLS Solicitors we specialise in new build conveyancing and are here to guide you every step of the way.
Ready to instruct a solicitor? Get in touch with our new build team today.
