Monthly Archives: March 2017

searches when buying a house

Conveyance searches when buying a house

There are many ways that solicitors help with the conveyance. One of these is property research. Property research helps in unearthing details about a property that are not mentioned in sales advertisements or catalogues. Ads usually talk about the asking price of the property and maybe the type of property ownership that the buyer will get into. These pieces of information may be important but are not sufficient to convince a smart buyer to pay money for the property. The buyer must know everything else about a property since these will determine his living conditions and will also ward off any chances of disputes. Searches when buying a house are conducted by a solicitor either directly or through an agent that must be supervised by the solicitor.

Verifying Ownership

The very first property research that a solicitor will conduct is that of identifying the owner of property. A seller will identify himself as the proprietor of the property at the beginning of conveyance. He will have his title deed handy in an attempt to prove his claim of ownership. It is not fair to assume that everyone who puts out a property out for sale is a conman. In the same sense; it is not intelligent to assume that all buyers are who they claim they are.  Fraud can find its way into even the most respectable businesses. It is only natural for buyers to be wary of who they deal with.

A solicitor has the responsibility for confirming the veracity of property ownership. He does this by checking property ownership records at the Lands Ministry. Every property that is registered has the name of its owner in the records of the Land Registry. The Land Registry can also issue a title deed to a solicitor. Land Registry research is usually conducted at a fee.  This fee is usually about £150.  It is better to pay this fee rather than lose thousands of pounds to a fraudster.

Property Searches

The other research that must be conducted is the water and drainage research. A buyer should not assume that water supply to the property will meet his needs. Water that is supplied to different properties come from various sources. This does not mean that there is a property that is supplied with dirty water.  It only implies that the quality of water is affected by its origin. Buyers can have different preferences for the quality of water that they will be using in their homes. Water sources affect the quality of water that gets into the homes. The way water is treated may also affect its quality.  This is an important factor to put into consideration when buying a property. A buyer must also ensure that drainage systems meet his standards.

Surrounding Search

Mining research is another important background check that must be performed in every conveyance. Mining research informs a buyer about any mining activities around the property. Mining affects people and properties within their locales. Some mines produce toxic gases such as sulphur and carbon monoxide. Mining operations may also cause sound and air pollution. You must be prepared to bear living around a mine if you are determined to buy a given property. Otherwise, you can cancel the conveyance altogether.