How Will The Proposed New Homes Code Of Practice Affect Me?
Posted on 14th April 2020
What is the new Code of Practice?
The Government is in plans to legislate that developers of new build homes belong to a New Homes Ombudsman scheme. At the moment though, because we’re living in year dot where time is a figment of our imagination and one day rolls into the next, the Government is a little busy with the Corona Pandemic. So, whilst the Government are tied up, they have expressed that they are keen for Developers to, voluntarily, start following the proposed Code of Practice. The Code also includes a set of standards to follow.
What information should I be given by a new build developer?
Our Property Solicitors in Preston know that purchasing a new build property can be a little daunting. However under the new code Developers will be required to provide you with certain information and do certain things such as:
- Complaints procedures
- Reservation Agreements
- Customer Service Standards
- Protection of deposits
- Minimum Warranty Standards
- Specifications that new homes must meet
- Transparency of fees
- After-care responsibilities
- Contracts which allow homeowners to appoint independent building consultants/surveyors
- A right of access prior to completion
- Standardised contracts
More information can be found, here.
Advice for new build buyers:
MG Legal, Property Solicitors in Preston suggest that you take the time to establish whether the developers you intend to purchase from, are subscribing to the voluntarily to the Code. If they are subscribing voluntarily then you are more likely to have a smoother purchasing experience and protection throughout and after the purchase should anything go wrong.
For help and advice with your new build purchase contact MG Legal, Conveyancing Solicitors via email@example.com or call on 01995 602 129.
MG Legal – Your Local Solicitors
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