| 19th May 2006 |
| |
Although the government
legislation to introduce Homebuyer’s
Information Packs (HIPS) does not become
law until 2007. The initiative to provide
them has already been taken up by such
organisations as LandSearch. However it
is already possible for would-be buyers
to find information about the land or
property they would like to purchase.
This can be done before the expense of
making a commitment to buy and instructing
a solicitor or conveyancer. |
| |
LandSearch through
its Land Registry Services already offers
a wide range of searches on land and property
throughout all of the UK and Ireland.
These can be instigated before a purchase
has been made and without the knowledge
of the owners of the property or land.
This can be done because the registration
of properties in the UK is 82% complete
at the government land registry offices.
This information is also in the public
domain and once registered is no longer
private although there is a charge to
access the information.
|
|
| |
The would- be buyer can obtain
the Property Register, sometimes called the Title
Deeds. This contains a description of the property,
whether it is leasehold or freehold, the name
and address of the owners, the purchase price,
details of mortgages and other charges such as
rights of way and covenants. Also available is
the Title Plan which is the other main document
of title which is a small map and shows an outline
of the property and its location in relation to
surrounding properties. These land registry searches
can usually be carried out within 24 hours in
a normal working week. |
| |
Searches can still be carried
out even if the correct postal address is not
known.
|
| |
With this information the
would- be buyer can make an informed decision
before an offer is made to purchase a property.
This saves both time and money both of which are
becoming increasingly important in our modern
fast moving society. |
| |
LandSearch are the leading
independent online suppliers of Land Registry
information for all of the UK and Ireland. We
can supply main title deeds and searches, even
with no postal address, index maps and title plans,
home information packs, rights of way and rights
of access searches, boundary dispute searches,
history and manorial searches, names of owner
searches, bankruptcy and company searches, local
authority and environmental searches and more. |
| |
