New build reservations and cooling off in the UK: buyer orientation

Developers often take reservations with deposits and written terms. Consumer Code expectations and contract terms vary by scheme and builder.

What to read slowly

Payment schedule, specification schedule, completion assumptions, and what happens if mortgage offer timing slips.

Evidence

Keep marketing brochures that were “material” to your choice as Documents alongside the final contract pack.

General information only, not legal advice.

Property Passport UK

Use Property Passport UK to organise Documents, Media, Tasks, Events, and Flags for a Property, and to share a Public Passport when you want buyers or permitted Stakeholders to see selected facts without exposing private Documents.