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Former agent helps launch unique DIY property search service for buyers

first_imgHome » News » Former agent helps launch unique DIY property search service for buyers previous nextProducts & ServicesFormer agent helps launch unique DIY property search service for buyersMike Stainsby says Property Search Direct helps prevent deals falling apart by front-loading the process with search information, not at the end.Nigel Lewis25th August 20200828 Views Home buyers can now order property searches direct via an online service that claims to be the first of its kind in the UK.Mike Stainsby of Property Searches Direct (pictured, above), who has worked within the estate agency and legal services sectors, says the service will typically cost £100 for environmental and ground reports on a property.He says this will help buyers find out early on if their purchase is likely to be delayed further down the line.“Too often months are wasted after an offer has been accepted and it is moving toward exchange, only for the property reports to uncover a major problem,” he adds.“And as all agents know, the longer a property transaction goes on for, the more likely it is that the vendor or buyer will change their mind or the deal fall apart for some other reason.”Sales pitchStainsby is initially asking agents to point buyers his way within their sales pitch which, he says, will “elevate the status of the buyer, empower estate agents and reduce the stress for anxious vendors”.He says most conveyancing solicitors order a search pack until they have received formal instructions from a client, confirmed with the vendors solicitor that they have been instructed to act, requested and received a Contract Pack and then completed ID checks and taken funds on account from the buyer.“All of these components add a delay to the Searches getting underway and the buyer getting visibility of vital information that can be forthcoming in environmental reports within 24 to 48hrs of ordering,” says Stainsby.“Law firms can continue to order searches as they always have done, but Property Searches Direct would recommend that buyers source them too.“This would alleviate considerable administrative burdens on conveyancing teams and their accounts departments, who are already overstretched.”Visit Read more stories about property searches.Mike Stainsbury Property Searches Direct August 25, 2020Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021last_img read more