flat purchase without searches

timmyt

GDB2222 wrote: »

If you know the area well, I don't think you need a local search. Quite frankly, you'll know if there are significant development plans for the area, new roads etc. You probably don't care if the neighbours have applied for permission to put up an extension. Besides that, you can these days find all the planning applications online, FOC.

Chancel - sheesh, that's a long shot.

Environmental - is it really likely the flats would have been sold teh first time around if there were an issue?

One issue is that the cost of the searches is the same regardless of the cost of the property. If it's a cheap property, the cost of searches is proportionately higher, and you are more able to take the risk of something going wrong.

complete bad advice in the above post, ignore it 100%.

and always do a local search when buying a flat or house, always.

G_M

timmyt wrote: »

complete bad advice in the above post, ignore it 100%.

and always do a local search when buying a flat or house, always.

Timmy you're sounding like a scratched record (yeah - I know that dates me, records were things that came before tapes before CDs before DVDs....) anyway, they could get repetitive that's the point!

Sebb asked you a good question about 4 posts ago:

Your advice may well be sound but it would carry much more weight, and be more useful to the OP if you would explain exactly WHY, in your opinion, that the searches should be done.

GDB2222

timmyt wrote: »

always do a local search when buying a flat or house, always.

That's a bit bald, timmyt. Leaving aside the insurance aspect, on average do you expect to save more than the cost of the search?

timmyt

because (1) any mortgage lender requires it to be done and (2) some lawyers will get scared if you do not and either not act for you or will sign an indemnity....why because the search is so very important as it can reveaL the following things that can seriously impact your poroperty's value:

nearby road schemes
nearby rail schemes
compulsory purchase orders
financial charges repayable as against the proeprty
breach of planning
breach of building control
the proeprty boundary may not abut the adopted highway as all beleaved until the search result comes back
it can reveal a listed bulidng when all thought it was not
it will reveal article 4 direction
it will reveal whether planning consent are conditional or not (conditions always bind unless breached for more than 10 years)
can reveal if the property has a footpath running through / abutting
can reveal if there is common land abutting over which the Property may not have legal access

good grief I could come up with another 10 things.

Its THE conveyancing search to do, the only one that hlds the most potentially damaging info about your house and you think to be cheap and take a risk.

ALWAYS ALWAYS ALWAYS do it. If you don't you'll be posting on this website your own sob story.

GM, repetive advice is a good thing just like now, as doing a local search is the best and lowest amount of money you can spend when doing a houe move. It is just such a shame when I see posters posting after choosing a bad conveyancing or not doing proper searches and that is all I post about. I cannot seem to post enough on the subject.

DO NOT USE A NATIONAL ESTATE AGENT (always use a local indepdent one), NEVER USE AN ONLINE CONVEYANCER or ANY CONVEYANCER who is NOT either a solicitor, legal executive, or licensed conveyancer but with at least 10 years expereince with any of them. Do that and you home move will be that bit better.

G_M

Thanks Timmy. This will no doubt help the OP make a decision.

Only the OP knows the details of the particular property, so only the OP knows which of the above list is relevant or of potential concern to him. The complete list (ie the other 10 things you "could come up with ") would of course help that decision further.