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Conveyancing
As conveyancers, you advise your client on the purchase of the property by using available information. Comprised primarily of Local Searches, these reports are rudimentary.
The Issue
The information provided by the seller may not be correct (for whatever the reason). There may be greater complexity with the information given than what is revealed.
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For example, planning permission might include important conditions which need to be complied with by any future occupier of the property. Such conditions could affect the living aspirations of the buyer who needs to be aware of them.
As mentioned above, conveyancers are not experts in planning and building matters, and it is not their job to interpret what is being conveyed through the Local Searches and information provided by the seller.
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Always remember - Caveat Emptor - "Let the buyer aware"
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It is the full responsibilty of the buyer to ensure they hsve done all tyhe neccessary searches and research on a property before a purchase. Failure to do so may lead the buyer to have their hands full with problems.
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Why the need for an Appraisal?
This is where an appraisal comes in, providing a thorough assessment of the property's planning status, potential restrictions, or any ongoing or previous planning applications will not only solidify the buying process but also give peace of mind to the client.
By incorporating an appraisal into the buying process, conveyancers and buyers can gain a clearer understanding of the property's planning history and building regulations to make more informed decisions regarding their purchase.