What Are Conveyancing Searches?
Learn why your conveyancing solicitor will carry out searches on your behalf when buying a property.
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Learn why your conveyancing solicitor will carry out searches on your behalf when buying a property.
The purpose of a conveyancing search is to uncover more information about the property you intend to purchase.
If you are purchasing with a mortgage, then lenders will require that the three main searches are done to protect their investment.
After searches have been carried out and the mortgage lender and you are happy with the results, the process will move on to the exchange of contracts.
If you are purchasing a house with a mortgage, then it is compulsory for you to have searches carried out. Although it is not a legal requirement if you are a cash buyer, it is still recommended.
Carrying out these searches ensures that you are fully aware of any issues with the property that you might not be aware of, and can save you from any unexpected costs down the line.
The buyer of the property is the one who pays for the conveyancing searches.
Property searches are typically valid for six months.
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