Updated: Feb 2
Searches that are bound by the Search Code, protecting the seller, buyer and lender, are property and not client specific. As such, it doesn't matter who orders them but when they are ordered.
The market is currently at the brink of a conveyancing meltdown and many transactions will simply not make the stamp duty holiday deadline due to delays with searches and mortgage offers. Stress levels are rising, with many firms dealing with the frustrations of their numerous clients already.
Here at Property Searches Direct Ltd, we have been innovating and driving change to secure a better start for property transactions, taking a further step to enable all stakeholders to help where they can.
Collaboration between the conveyancer and their network of estate agent introducers can only be a good thing. It will not solve all the issues, but it will certainly ease the frustrations and reduce the finger pointing between the professions.
We don’t have a magic wand, but we are offering free platforms for both conveyancers and estate agents to work smarter together. The platforms are to be colour-branded to the conveyancer’s website theme to offer peace of mind and credibility. They are also dual- branded so they can be championed by the estate agent, supporting best practice for the future health of sales transactions.
This collaborative conveyancing solution enables agents to better prepare their clients for selling and equip them with the tools to gather pertinent information far earlier in the process, ideally at the instruction and marketing stage.
Sellers completing protocol forms as they go to the market and ordering the searches for their future buyer has to be a step in the right direction and should not remain a ‘dark art’ only to be performed by the conveyancer.
The idea appears simple enough and would be attractive to any conveyancer given that they could receive the protocol forms from prospective clients in their region before they are even under offer.
By delivering the searches ready to be sent out to the buyer’s conveyancer along with the contract, means all parties have more answers to questions than ever before. This should certainly enable transactions to get off to a quicker start than they previously might have done.
Property Searches Direct has been delivering searches direct to homemovers for some time