Transact Residential Properties with speed and certainty with our search data and insurance pack for conveyancers and cash-only clients.
For cash buyers, time is of the essence. Without lender delays, cash buyers hold all the cards when it comes to quick transactions. But this often comes at the expense of robust due diligence, which can leave buyers susceptible to red flags, and property value depreciation.
It shouldn't have to be a trade-off between speed and certainty.
With Cash Buyer Express, we can offer both.
Cash Buyer Express offers peace of mind that the investment of a residential property is sound, and with results typically delivered within 24 hours, no time is wasted in waiting.
5 minutes on...
the Cash Buyer's Market
Will the UK cash buyers market continue to increase?
How can conveyancers help prospective cash purchasers reduce risk?
Robin Wells, Head of Sales at OneSearch details how current trends are impacting the market, the importance of search data across all transactions, and what options are available to assist cash buyers diligence without sacrificing speed.
"
...it's become quote a polarised market; the real dampening effect has come from an increase in the cost of debt, so the market has become much harder for mortgage buyers, and so we've seen a drop off, particularly in the number of home movers. First-time buyers have been a little bit more resilient, and there's been a drop off in mortgage buy-to-let activity.
But where we have seen more activity has been from Cash Buyers; they've increased their share, comprising about 46% of all transactions in April and that's up from around 34% in late 2022. So whilst that the activity dropped in other parts of the market, we've seen cash buyers remain pretty resilient.
Emily Williams
Director, Residential Research, Savills
What is included in Cash Buyer Express?
Cash Buyer Express includes over 80 data points, including (but not limited to):
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Road, Rail and Traffic Schemes
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Planning applications and Local Development Plan policies
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CIL question 3.10a
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Building Works, Environment, Health & Safety, Housing, Highways and Public Health
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Enforcement Notices, Stop Notices, TPOs, Listed Building Repairs etc.
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Conservation Areas (proposed or pre-1974)
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Compulsory Purchase
What is covered?
Cash Buyer Express provides cover in areas which can often cause unacceptable hold ups:
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A search of the Local Land Charges Register form LLC1
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A search of CON29R and/or CON29O records
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A search of Water and Drainage records on CON29DW
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A search of the Coal Authority’s records on form CON29M
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A full Chancel Repair Liability search
More data. Better Value.
OneSearch is the UK’s leading provider of property data and search information to solicitors, conveyancers and other professionals in the property industry.
With more than 30 years’ experience, they’re setting the gold-standard in property searches.
Their databases are updated daily by a highly skilled team of data specialists to ensure total accuracy. This means we can often deliver data faster than many local authorities and other search providers.
Available to order using the link below
Conveyancers should contact us and request access to this product.
Within this product there is an Insurance Policy. It is important for you to read and fully understand the cover to ensure that it provides the cover you require and to familiarise yourself with any terms, conditions or warranties and limitations. Failure to comply could invalidate your Insurance. We would strongly recommend that you take professional advice from either your Solicitor or Insurance Broker regarding the Insurance cover. If you wish to discuss any aspect of the Insurance please call Northcott Beaton Insurance on 01392 426046 who will be very happy to help.
What else should you consider that is quick to receive?
Check our Free to use Environmental Hazard Checker to identify environmental any risks that may exists within the immediate postcode area. Click HERE to find out in seconds.
