Searchflow said conveyancing for new builds is often arduous, and can be complicated where plots of land are not yet mapped nor postcodes allocated.
The Chancellor announced several new-build measures in the Budget yesterday, including a pledge to give £0.5bn to fund to help small building firms alongside £150m for those who wish to build their own houses.
“House building is up 23% but that’s not enough,” he said. “That’s why we’re making further reforms to our planning system and offering £0.5bn of finance to small house building firms.
Government plans also include house building deals in key cities including one signed this week in Cambridge.
With annual housing starts up 23% in 2013 compared with the year before and schemes such as Help To Buy increasing consumers’ confidence, new builds are likely to be a focus for developers throughout 2014.
The new-build service is available to property professionals in both residential and commercial markets, from a single plot to large developments. Clients can track the status of their New Build search orders service using SearchFlow’s online Portfolio Monitor, as well as being kept up to date with results via email.
Perran Moon, marketing director of SearchFlow said: “New builds have historically caused headaches for conveyancers, with mapping and postcode issues being unresolved and often delaying transactions. It’s the right time for us to launch this new support platform so that legal property professionals are better able to manage their workflow, enabling them to meet increased demand for new build conveyancing.”
