Standardised Drainage and Water Enquiry for Commercial Property Transactions
Released on:
18/02/2010
The ten Water Companies of England and Wales, of which Severn Trent is one, are launching a standardised CommercialDW Drainage and Water Enquiry from Spring 2010, providing a consistent property search with full coverage across England and Wales.
Severn Trent Searches was one of the first water company search providers to offer a drainage and water search for commercial properties back in April 2003. Since then this search has evolved to provide more questions and answers, higher levels of liability cover and more comprehensive information. From Spring 2010, this report will again be enhanced across the whole of England and Wales.
The ten Water Companies of England and Wales have designed this report to be standardised, so no matter which region or Water Company a conveyancer orders the enquiry from, it will always be presented in the same consistent and logical way. Hence, making it easier for property professionals dealing with commercial transactions to understand and locate information.
This new standardised report gives information about all of the water and drainage services to a commercial property. Just like the residential CON29DW Drainage & Water Enquiry, the commercial version consists of a minimum of 22 questions and answers including connection status, water quality, basis of charging, location of pipes and whether a sewer or water main is subject to a build-over or adoption agreement. It also gives details of service issues, such as whether the property is at risk of sewer flooding or low water pressure.
The Water Companies of England and Wales are the guardians of public water and sewer networks and the providers of this data so can deliver a reliable and informative product, as well as excellent customer service. Ordering from the water company search providers, such as Severn Trent Searches directly means quicker turnaround times and a cheaper enquiry. We can also deliver high standards of consumer protection with every CommercialDW Drainage & Water Enquiry.
Mark Jarvis, General Manager of Severn Trent Searches says; “This report is essential for any property purchaser not least because of the large amounts of money at stake in commercial transactions. It highlights any issues with a commercial site or property that may require legal guidance or could be key in the purchase decision.”
So regardless of which water company produces the report, or which region across England and Wales the commercial property may be in, the CommercialDW Drainage & Water Enquiry provides detailed information on the drainage and water services in a clear, logical and consistent way.
Mr Jarvis concludes; “The Water Companies of England and Wales are continually striving to provide a better offering in search reports, and standardising the CommercialDW Drainage & Water Enquiry across England and Wales will only benefit commercial property professionals.”
For further information or to purchase a CommercialDW Drainage & Water Enquiry call 0115 962 7269 or visit www.severntrentsearches.com
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