The Importance of a Property Search When Buying a New Home
- Nick Oliver
- Jun 26, 2019
- 1 min read
During the process of buying a new home there are many different factors to consider, and that is why it is important to have experts on your side at all times. At Central Mortgages we have a range of services linked to mortgages, as well as to specialist conveyancers in your local area.
One are that a conveyancer will help with is that of a property search. This is an area that you might not know too much about, so what does it cover?
A personal search on your property provides you with all the relevant legal information that you should know before completing on the purchase of a property.
Any local planning application that might directly or indirectly impact on the property will come up, including any new-builds, structures, or roads in the surrounding areas.
The search will also provide the legal documents relating to the title register and the current owner of the property, which is required for a sale to go through legally.
On top of that a property search looks for things like the water supply, where the property gets its water from, as well as any areas on site or close by where public drains are located and could have a negative impact on potential future construction projects. Flood and environmental searches provide you with information relating to potential flood risk in the area, as well as any other industrial hazards that you need to be aware of.
To find the right conveyancer to help you go through a property search, or to find information about a mortgage, contact the Central Mortgages team on 01277 630 183 or email office@centralmortgages.net.
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