Covid-19 update: We are open by appointment, Click here for further details.

Legal


Do I need to have a Solicitor to buy a new home?

The legal process for a buying a new home is complicated and Solicitors are qualified to provide you with expert advice. Lenders require you to use a Solicitor. Your Solicitor will confirm that the land has a Title of Ownership and will transfer the land between two parties, the buyer and the seller.

What does the Solicitor do?

A Solicitor will look at the Contract, and seek clarification on any questions that may arise. They will also act for the Lender, if you having a mortgage and transfer funds on their behalf.

How can I find a Solicitor?

Our Sales Consultant can introduce you to one of our panel Solicitors. This is helpful as they have experience of looking at our Contracts and will probably have already asked most of the common questions about the development. They will also look specifically at the plot you are buying and apply for the Local Search. They understand our target dates for exchanges as well which can help both parties.

How much will a Solicitor cost me?

The amount you pay will depend on the value of the home you are buying. If you are selling your current home there will also be a charge for the conveyancing on that property too. Our panel Solicitors will be able to provide you with a written quote as soon as you have contacted them to tell them you are buying a new home from Westerhill Homes.

Are there any other costs I should know about?

Yes, there are Disbursement costs. These costs cover Local Search fees and any additional costs which may be incurred by the Solicitor. The Solicitor will be able to give you an indication of Disbursement fee in their written quotation.

When do I have to pay my Solicitor?

You will usually be asked for some money at the beginning of the Solicitors instruction. These are to pay for the Local Search. The final amount will be shown on your completion statement and your Solicitor will discuss the payment details with you.

What is a Local Search, and why do I need them?

Your Solicitor will contact the Local Authority where you are buying your new home to obtain a Local Search. The search will provide information which could affect your use or enjoyment of your new home, this may include details relating to public highways, planning schemes and applications, railways, new roads and planning decisions. For further information visit: www.hoa.org.uk

I’m using the Help to Buy Equity Loan Scheme, will my Solicitor be able to help me with it?

Yes, your Solicitor will act for the Homes England as well and liaise with them with regards to your Help to Buy Equity Loan.

When will my Solicitor want my exchange deposit and how much will it be?

Once your Solicitor has reviewed the Contract and has received the Local Searches back, has satisfactory answers to any questions they may have raised with the seller, and has a copy of your mortgage offer they will be ready to exchange Contracts. The exchange deposit is usually 10% of the purchase price, or 5% if you are a First Time Buyer using the Government-backed Help to Buy Equity Loan. Your Solicitor will ask you to transfer the exchange deposit about a week before exchange takes place.

What happens when I exchange Contracts?

This is a binding legal agreement between buyers that you will complete on the purchase of your new home on an agreed date.

How will I know what date I am going to legally complete on my new home?

When you are buying a new home, when the property is ready the developer will advise your Solicitor of the completion date when they ‘Serve Notice’ to complete.  This is usually ten days before the day of legal completion. If you are buying a new home which is already built, then  a date for completion may be agreed between the developer and the buyer.

What happens on the day of completion, how do I get the keys for my new home?

Your Solicitor will transfer the final amount of the completion monies to the sellers Solicitor and confirm completion has taken place. Both parties Solicitors will advice their clients that completion has taken place. Once our Sales Consultants have received the confirmation from our Solicitor that completion has taken place we can release the keys to you. Take a look at our Buyers Guide – Buying a New Home, for more information.

Other Categories


  Buying a New Home – The Process

When you are buying a new home there is a lot of information to take in. We’ve put together this handy Buyers Guide especially for you, to answer some of the most often -asked questions

  Finance

There’s a lot to think about when you are buying a home, and how you are going to finance the purchase is one of the most important aspects to consider.

  First Time Buyers

When you are buying a home for the first time there a lot of information to take in. We’ve put together this handy Buyers Guide especially for you, to answer some of the most often -asked questions

  The Help to Buy Equity Loan Scheme

The Government-backed Help to Buy Equity Loan Scheme is for first time buyers. We’ve put together some handy questions and answers to give you an overview.

  Legal

Once you’ve chosen your new home, you’ll need to instruct a Solicitor to complete the legal conveyance work on your behalf. Here are some handy questions and answers to help you understand a bit more about the process.

  Stamp Duty Land Tax

This handy question and answer guide gives you a small snapshot of information about STDL – Stamp Duty Land Tax.

  The Benefits of Buying a New Home

There are many benefits to buying a new home. We’ve put together a handy question and answer guide for you to give you some of the information.

  The Consumer Code

The Consumer Code is for you the buyer and us the house builder, our question and answer guide gives an insight into what the Code is all about.

  Westerhill Homes Customer Services

Once you’ve moved into your new Westerhill Homes home, our dedicated and experienced Customer Services Team will be here to support you. Here’s our handy guide in a question and answer format explaining what to expect.

  Westerhill Homes Easy Move

If you’ve found one of our homes you want to buy, but haven’t sold your own home then our Easy Move Scheme will be the perfect solution. Take a look at our handy questions and answers guide to find out more.

  Westerhill Homes Part Exchange

We are keen to help you move and appreciate that selling your own home is stressful. Our Part Exchange Scheme take all the stress away from you, plus you’ll save on estate agents fees. Here’s some handy questions and answers to explain more about how our part exchange scheme works.

  Westerhill Homes Recommend A Friend Scheme

We want to say thank you when you for introducing Westerhill Homes to your friends and family. How does the scheme work?

  Countdown to Moving

There’s so much to think about when you’re moving home, we’ve put together a handy tips sheet to help you plan the move.

  Your new home warranty

The Westerhill Homes Customer Journey continues once you have moved into your new home with our New Homes Warranty.