Step by Step Guides Buying

Looking to get on the property ladder? Broaden your portfolio? This guide covers all the aspects involved in a property purchase, helping you whether you’re a first-time buyer or have some experience in the property market.

Sections:

1. Where to begin
2. Property Hunt
3. Viewing
4. Conveyancing
5. Offer and Application
6. Survey
7. Mortgage Agreed
8. Searches
9. Exchange
10. Insurance
11. Complete
12. Moving

8. Searches

Your solicitor / conveyancer has to perform the following searches as part of the conveyancing process:

- Local Authority searches: for urban planning enquiries (roads to be built, property problems to clear, planning permission for development within the neighbouring properties)

- Enquiries to the seller's solicitor:

• disputes related to the property
• the exact boundaries of the property and the responsibility of their maintenance
• planning constraints and permissions
• rights of way
• restrictive covenants
• guarantees and/or insurance policies
• services
• a clear list of all the contents included in the sale
• for leaseholds, the contact info for the managing agent, the freeholder, and whether the seller is up-to-date with ground rent and service charges

- Other searches, if necessary, include:

• The water authority
• Commons
• Coal mining

return to mortgage guides | next page

• Remortgage Specialists

  A mortgage brokerage providing excellent home loan solutions for people with poor credit. Specialists in remortgages for people with bad credit.

  http://www.findthatmortgage.co.uk

• Bad Credit Mortgage Brokers

  We specialise in bad credit mortgages and remortgages for people with an imperfect credit history.

  http://www.findthatmortgage.co.uk

• Mortgages for the self employed

  For too long the self employed, contractors and freelancers who are paid by way of bonus or commissions have been discriminated against by mortgage lenders.

  http://www.selfcertmortgageuk.co.uk