If your house purchase has been delayed due to COVID-19 or other unforeseen circumstances, you may need to update your searches. Not only is this best practice to avoid any potential hazards, but many mortgage lenders will require up-to-date searches in order to protect their investment.
We now offer a refreshed version of our CON29DW drainage and water enquiry. This is available on any property within the Severn Trent region where we have completed a full CON29DW within the previous six months.
When ordering, the refresh search can be found in the CON29DW Drainage and Water Searches section of our ordering system. Simply select it, then provide us with our original order number (located in the top right of the first page of the search) along with any address changes since we originally did the search (for example, if the property originally only had a plot number, and now a postal address), and we’ll provide you with a new, full CON29DW search.
UPDATE: In response to customer feedback, we are happy to continue to provide a DX service. Our DX address is DX 723860, Nottingham 43.
As part of an ongoing review of our postal services, from the end of June we will no longer be accepting or delivering mail via the DX system.
As the vast majority of searches are now received and returned electronically, the amount of post we receive via DX has declined to the point where it is no longer financially prudent for us to continue this service.
If you are a customer who currently uses our DX address please could you amend your records and send any future mail to our Royal Mail address:
Severn Trent Searches
PO Box 10155
Continue reading “We will no longer be using the DX postal system after 30th June”
Due to the Coronavirus pandemic, property data is coming through sporadically. As such, we will be releasing our reports separately as they become available.
This week, we have House prices annual change percentage data – two year comparison (March 2020/19/18 data).
- Once again Leicestershire shows the most combined growth – 7.6% (2018), 2.2% (2019) & 7.5% (2020).
- Staffordshire (inc. Stoke-on-Trent) has the least combined growth with 4.8% (2018), 3.2% (2019) and -1.3% (2020).
Gloucester City Council have advised us of an increase in their search fees from Monday 22nd June 2020.
The standard search fee will increase from £151.00 to £166.00. This applies to both residential and commercial searches, and includes our admin fee.
The change will apply automatically on our systems from 22nd July.
If you have any queries, please do not hesitate to contact us.
Highlights from the May 2020 property report:-
- House prices annual change percentage – December 2019 data
Wales has a 3.4% gain when compared to last year, whereas the East of England shows a 1.5% loss
- House prices annual change percentage – two year comparison (December 2019/18/17 data)
Leicestershire shows the most combined growth – 8.5% (2018), 2.9% (2019) & 4.7% (2020). Rutland follows closely behind with 10.2% (2018), 2.1% (2019) and 2% (2020).
- Sales trend Q1 2020 sales comparison by County
Counties were on average 52.5% down on last quarter and 47.1% down on Q1 2019. This huge downturn in sales was most likely down to the Coronavirus pandemic and its global effect on the nation.
- Mortgage lenders – market share 2018
58% of all mortgage lending in the UK goes through the top five providers