Having put an offer on an old house we want to buy, my solicitor tells me he has to carry out searches of the local authority. How long is this likely to take as we are desperate to move in?
With the advent of Home Information Packs, it is the seller who now provides the basic local and drainage searches within the HIP.
However a property (particularly an old property) could have been on the market for a considerable period and accordingly the searches within the HIP may well be out of date. The buyer’s solicitor will not be aware of the date of the searches until he receives the HIP. If the buyers are purchasing with a mortgage, then the searches must be less than six months old. If the searches within the HIP are over six months old, the buyer’s solicitor will always advise that the searches should be updated.
• Emyr Pierce is Managing Partner of Emyr Pierce Solicitors in Rhiwbina, Cardiff, Western Mail Conveyancer of the Year, specialising in Domestic and Commercial Property. Contact www.emyrpierce.co.uk or email email@example.com