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  • Wanted & Recommendations

    Liverpool solicitor w/ new build experience?

    Hi all,

    I'm in the process of purchasing a new build in Liverpool and I have the solicitors recommended by the developer who know the site and details etc who to be fair have been efficient so far, but I have also read to be wary of this due to bias to the developer (although they do state they are independent).

    So to be extra sure I'm looking for someone who can just review the contracts and highlight any red flags to me. Any recommendations with new build experience welcome.

    Thanks

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    Yes you should be wary. Never use a solicitor who has interests with the developer. You could use another solicitor to check and raise any red flags but of course this is extra expense

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    Can I enquire the deal you have?

    i always use my own solicitor for the reasons you state. That said, difficult to negotiate terms on new build if you have a reservation deposit down already hence would do a sense check yourself beforehand.

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    Ive sent you a private message with my recommendation.

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    Thanks all. To clarify the explicitly state they have no interests for the developer but even so I think maybe worth getting a second pair of eyes on the lease just to make sure all is in order.

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    I had a recent experience on a new build development in the northern quarter, Manchester.  The lease would specifically allow short-term lets and this was a huge selling point for me.

    My solicitor tore apart the contract and the "protections" that were in place to secure the 25% deposit, as they could be used for virtually anything so long as a surveyor signed off on it.  This included marketing expenses and sales commissions.  The bundled "independent" solicitor did not advise any of the other 30 or so buyers of the risks to their deposit funds.

    Needless to say after much fruitless negotiation to protect my deposit funds, we withdrew from the deal.

    Lesson is, no matter how independent the sales team will tell you the bundled solicitor is, they weren't hired by you for this job... and it wont you be hiring them for the next block of apartments that need selling.... so who is the real customer in this case, you or the developer?

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