Property searches (known as conveyancing searches) are obtained by your conveyancer to find out important information about the home you are buying.
The core searches that will be obtained by your conveyancer on a property purchase are:
Yes, when you are buying with a mortgage – your lender has a list of mandatory searches, which will normally include the core searches. If you are buying with cash, the choice is yours but it would be wise to find out as much information as possible about the property from publicly accessible sources.
Some are core, some are location specific and some depend on how much information you would like about the property. Local area specific searches include as coal mining, tin mining, clay ball and rivers authority etc. Your conveyancer will highlight whether these types of searches apply to the property you are buying and include them in your conveyancing quote.
A flood search and a plan search (which offers details of planning permissions, pending applications on the search date) may also be offered to you.
This is probably the most important and takes the longest, on average 3 weeks, but this varies between areas – some come back in 45 minutes! This search only gives information about the property you are buying. It gives you information on a variety of areas:
This search will be requested from the local water company and will give you information such as:
An environmental search is carried out by an agency that gives details of the past uses of the land included in your boundaries and in a specified vicinity of the property. It will inform you if the past uses are likely to have caused any potential contamination of the land. There is also an enhanced environmental search option available which includes information about:
Usually insurance is purchased for chancel repair liability, as this cheaper than a search. This will be explained to you by your conveyancer.
This search is an administrative search to secure a six-week time period to allow a property to be registered and prevents any other applications during what is called a “priority period”.
Your conveyancer should be your first port of call when it comes to getting advice regarding searches and most use search companies who list recommend searches based on location.