News & insights
Keep your finger on the pulse with our property search-related news and updates, from both within Thames Water Property Searches and beyond.
Government backed 95% mortgage scheme will keep the market buoyant and heralds even busier times ahead for property professionals.
In last month’s Budget, the Government announced a new 95% mortgage guarantee scheme that enables homebuyers to secure a mortgage with as little as a 5% deposit.Read more
With the deadline for the stamp duty
holiday looming ever larger on the horizon, already over stretched property
professionals are coming under more pressure than ever before.
current ongoing challenges, you may occasionally experience delays as we
continue to process searches in these challenging times. We’re sorry for any
inconvenience this may cause and thank you for your ongoing patience during
My inbox is groaning with invitations to 'free' events. And like you, I have given up several mornings/days attending talks which, although mildly informative, do not compensate for the avalanche of work awaiting me when I return to my desk.Read more
Hydraulic fracturing (also known as ‘fracking’) is nothing new in the UK; indeed, it has been used actively in North Sea oil and gas wells since the 1970s. The more recent phenomenon and one that has garnered a great deal of negative press and controversy is the extraction of shale gas using fracking techniques, which could adversely impact surrounding land and properties.Read more
As a society, we tend to quickly forget past events such as weather-related disasters, rather than heed lessons for the future. A timely reminder was the recent flooding in the North Yorkshire Dales in July 2019, during which torrential rain caused 100 homes and several businesses to be underwater.Read more
A commercial property lease is normally one of the biggest overheads a business has after wages. This is not taking into account the initial outlay for renovations often required to ensure the premises is fit to benefit the commercial activities of the leaseholder. However, many organisations instructing Solicitors to manage the legal aspects of securing a commercial lease decline to invest in basic property searches.Read more
reports, commercial property is expected to A wealth of domestic and overseas investors
are poised to advance their plans once a clear picture of the UK’s future is
We are pleased to inform our customers that Future Climate Info have made changes to their commercial environmental reports. From the 8th May 2019, the FCI Commercial Standard and FCI Commercial Premium reports were replaced with two new reports: FCI Retail and FCI Commercial.Read more
For business leaders in the conveyancing sector, ‘Friday Afternoon Fraud’, whereby cyber criminals intercept emails between a conveyancer and client to steal funds intended for a property purchase, is now a widely understood and recognised risk to law firms and their clients. Indeed, authorities and regulators have made great strides in providing detailed guidance on avoiding cyber fraud in property transactions.Read more
Thames Water Property Searches are delighted to announce a new conveyancing CPD event, focusing on the residential property market, its current status, recent legislation changes, cybersecurity risks and protective measures, and the possible effects of Brexit.Read more
Working closely with leading suppliers such as Groundsure, Thames Water Property Searches ensure that we not only sell the searches but fully understand the detail within them.Read more
As a producer of the Law Society's CON29DW, Thames Water Property Searches understand that in a profession that demands comprehensive answers, the CON29DW provides everything you need to know about the water and sewerage assets for your client's property purchase. The data used to compile the report is comprehensive and you can rely on its accuracy with terms and conditions in place to support you and your client.Read more
We are pleased to inform our conveyancer customers that Future Climate Info’s innovative suite of commercial environmental Standard and Premium reports are available from Thames Water Property Searches, analysing key data on contaminated land, flood, ground stability, as well as energy and infrastructure.Read more
Thames Water Property Searches will be increasing the price of its Residential CON29DW and Commercial Drainage & Water
Enquiries from 1 September 2018 in line with
RPI at 3.23%.
In terms of conveyancing searches, the LLC1 and CON29 are synonymous with local authorities and currently, they are both usually submitted together. However, HMLR’s Local Land Charges Register consolidation programme will see LLC1’s, post data migration, being submitted to and completed by HMLR with only the CON29 going to local authorities.Read more