Rescuing a New Build Purchase from Collapse
Background
Our client was purchasing a new build property when their original law firm let them down, leaving the transaction at serious risk. With time running out, there was mounting pressure to prevent the chain from collapsing and secure the reservation before it was cancelled. They needed fast, reliable legal support to get the purchase back on track.
Approach
We acted immediately, prioritising the transaction to meet the developer’s strict deadlines. Our team reviewed all necessary legal documents, including searches, mortgage finance, planning agreements, Section 106 agreements, building control, and warranty documentation. By leveraging our expertise in new build purchases and maintaining close communication with third parties, we ensured a seamless and stress-free process for the client.
Outcome
The client successfully completed their purchase within the required timescales, avoiding the risk of losing their property and facing additional costs or delays. What could have been a frustrating and costly experience turned into a smooth, efficient transaction, with the client receiving clear, responsive guidance every step of the way.