Surge In Demand For New Build Property, Says Nottingham Law Firm

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A NOTTINGHAM law firm has seen the number of conveyancing instructions it has received for new build properties rocket at the start of this year

Cleggs Solicitors says its new build instructions are more than double their usual levels. In January alone the company dealt with more than 40 new instructions for new builds, when the figure for last year, and recent previous years, has been more like half that amount.

Cleggs Solicitors said this trend has continued into February, even though the beginning of the year is typically quieter than other months.

“The early part of this year has undoubtedly been busier than in the last few years,” said residential property expert at Cleggs Solicitors, Jane Burton.

“The level of demand for new build residential property is indicative that the market is improving and picking up.There is much more optimism from buyers and sellers and we are Jane Burtonexpecting this to be a brighter year.The last six months have been very busy for us with five or six new build instructions coming in every week.”

“However, what has been unusual is to see this level of activity continue at the beginning of a new year. In January and February money is usually tight for people who are recovering from the Christmas period, but we are still seeing lots of activity with properties selling and an increase in the number of new instructions we are receiving. We even had six sales on just one site over a single weekend,” Jane added.

Cleggs Solicitors deals with residential property conveyancing in Nottingham, Nottinghamshire, across the rest of the East Midlands and the rest of the UK.

The company says the government’s Help to Buy 1 scheme, which is purely for new builds, has encouraged the surge in demand. The initiative has helped first time buyers to gain a foothold on the property ladder and is also available to second time buyers who wish to buy a new build property as long as they sell their existing property at the same time.

Cleggs Solicitors is the only Nottingham-based law firm to be listed on the government’s website as approved Help to Buy 1 experts and visitors can receive a conveyancing quote from Cleggs via email link directly through the site.

“New Build Property is a particular area of strength for Cleggs Solicitors,” said Jane. “The company has built up its reputation for new build property expertise over several years and we now have a very strong standing in this sector,” said Jane.

“With such a busy start to the year, we fully expect the property market to pick up significantly and for there to be a very high level of demand for new build properties throughout the year,” Jane added.

Cleggs Solicitors is based at Apex Court, Ruddington Lane, Wilford, Nottingham.

For more information, visit: www.cleggssolicitors.com email: mail@cleggssolicitors.com or call 0115 977 5877.