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New Construction Home Contract

New Construction Home Contract Template for England and Wales

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Key Requirements PROMPT example:

New Construction Home Contract

"I need a New Construction Home Contract for a luxury 4-bedroom property being built in Manchester, with specific provisions for high-end finishes and a smart home system, where construction is expected to begin in March 2025 and complete by December 2025."

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Document background
The New Construction Home Contract is essential for transactions involving newly built residential properties in England and Wales. It provides a comprehensive framework for both builders and purchasers, detailing construction specifications, quality standards, timelines, and payment schedules. This contract type is particularly important as it incorporates consumer protection measures, building regulations compliance, and warranty provisions specific to new builds. It's designed to protect both parties' interests while ensuring clarity on obligations and responsibilities throughout the construction process, from ground-breaking to final completion and handover.
Suggested Sections

1. 1. Parties: Identifies and defines the builder/developer and purchaser

2. 2. Background: Outlines the context of the construction project and basic premises

3. 3. Definitions: Defines key terms used throughout the contract

4. 4. Property Details: Specific details of the property being constructed including plot number, address, and specifications

5. 5. Purchase Price and Payment Terms: Details of the purchase price, deposit, and payment schedule

6. 6. Construction Obligations: Builder's obligations regarding construction standards and timeline

7. 7. Completion: Terms and process for completion of the construction and sale

8. 8. Warranties and Guarantees: Details of structural warranties and other guarantees

9. 9. Defects and Remediation: Process for identifying and remedying defects during the warranty period

10. 10. Insurance and Risk: Requirements for insurance and allocation of risk during construction

Optional Sections

1. Variations: Terms for handling changes to specifications or buyer requests - include when allowing customization options

2. Part Exchange: Terms for part-exchange arrangements - include when offering part-exchange options

3. Help to Buy Provisions: Special terms for Help to Buy scheme purchases - include when the purchase involves government schemes

4. Shared Ownership: Terms specific to shared ownership arrangements - include when the property is being sold under shared ownership

5. Environmental Considerations: Special provisions relating to environmental requirements or certifications - include when specific environmental standards must be met

Suggested Schedules

1. Schedule 1: Property Specification: Detailed specifications of the property including floor plans, materials, and finishes

2. Schedule 2: Planning Permissions: Copies of relevant planning permissions and building regulations approval

3. Schedule 3: Warranty Documentation: Details of building warranty coverage and terms

4. Schedule 4: Payment Schedule: Detailed breakdown of payment stages and amounts

5. Appendix A: Site Plan: Detailed plan showing the property location within the development

6. Appendix B: Fixtures and Fittings: Detailed list of included fixtures, fittings, and appliances

7. Appendix C: Construction Timeline: Expected construction milestones and completion dates

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions



































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Relevant Industries
Relevant Teams
Relevant Roles
Industries

Housing Act 1984 and 2004: Primary legislation governing housing standards, safety regulations, and housing conditions in England and Wales

Consumer Rights Act 2015: Key legislation establishing consumer rights, including quality standards and unfair terms in contracts for new-build homes

Contracts (Rights of Third Parties) Act 1999: Legislation governing how third parties may enforce terms of a contract, relevant for warranty providers and subsequent purchasers

Supply of Goods and Services Act 1982: Establishes implied terms about quality and fitness for purpose in contracts for goods and services

Law of Property Act 1925: Fundamental property law governing land ownership and transfer in England and Wales

Land Registration Act 2002: Legislation governing the registration of land and property rights in England and Wales

Building Act 1984: Primary legislation governing building works and setting standards for construction

Building Regulations 2010: Detailed technical requirements for building work, including structural integrity, fire safety, and energy efficiency

Building (Approved Inspectors etc.) Regulations 2010: Regulations governing the approval and inspection process for building works

Consumer Protection from Unfair Trading Regulations 2008: Prohibits unfair commercial practices and sets standards for marketing and selling new homes

Unfair Terms in Consumer Contracts Regulations 1999: Protects consumers against unfair standard terms in contracts

Consumer Contracts Regulations 2013: Governs information requirements and cancellation rights in consumer contracts

Construction (Design and Management) Regulations 2015: Health and safety regulations specific to construction projects

New Homes Quality Code: Industry code of practice setting standards for new home construction and customer service

Consumer Code for Home Builders: Industry code providing protection and rights for new home buyers

Building Safety Act 2022: Recent legislation improving building and fire safety standards, particularly relevant for higher-risk buildings

NHBC Requirements: Technical standards and warranty requirements from the National House Building Council

Environmental Protection Act 1990: Legislation covering environmental protection and waste management during construction

Energy Performance Certificate Requirements: Regulations requiring energy performance assessment and certification for new buildings

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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