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Anyone who has bought or sold a property in England will probably recognise the frustration. An offer is accepted. Everyone is delighted. And then… everybody waits. The Government believes the home buying and selling process takes too long, costs too much and has an unacceptably high rate of transactions falling through. It now intends to change it.
Buying a new build property is an exciting milestone. Whether you are a first-time buyer or moving into a brand-new home, new build developments can offer modern designs, energy efficiency and attractive incentives from developers.
However, one decision that buyers are often encouraged to make early in the process is which conveyancing solicitor to use. Many developers strongly recommend a particular solicitor or conveyancing firm and may even offer financial incentives if you choose them.
Commonhold is a form of freehold ownership tailored for multi-unit buildings, such as blocks of flats. Each owner holds the freehold title to their individual unit (e.g., a flat) and becomes a member of a commonhold association—a company limited by guarantee that manages shared spaces like hallways, roofs, and gardens. The association operates democratically: decisions on maintenance, budgets, and rules are made by unit owners, typically through voting based on allocated shares.
