Sam Conveyancing are one of many companies that can help with cheap conveyancing procedures. A solicitor is instructed to carry out many searches before a property contract is signed during the conveyancing process. This is a necessary and sometimes obligatory step during the entire process as the solicitors involved need to be aware of any issues with a property before ownership is complete. The mortgage lenders also require searches to be carried out as they need to be certain nothing can affect the value of the property before the mortgage is offered.
There are many different types of searches a solicitor will conduct. One example is a local authority search. This is possibly the most important type of search is it looks at information held by the local authority and involves prospective planning permission or restrictions. Local authority searches can take between one to six weeks to complete and can cost between £70 to £400 depending on where the property is located.
Land registry searches means that the solicitor needs to confirm that the property seller is the legal owner of the property. This can cost around £3 and is legally required before the sale can go ahead.
Another example of a type of search is a water authority search. This can determine where the water in the property comes from and whether there are any public drains on the property. This is extremely important as it may affect any building work done to the property in the future.