• Expired Searches Due To Covid19

    By Guest on 14th May 2020

    Our searches have expired due to delays on completion of new build. Solicitors have advised they can re apply or we take out an indemnity policy. We ste not sure which to do

  • 1 Answers

    By NotaryExpress on 14/05/2020

    An indemnity policy is quicker and cheaper, if acceptable to your lender. Normally the indemnity will just protect your lender rather than yourselves though. Best practice would be fresh searches as that will tell you if anything has changed but these take 2-3 weeks and usually cost about £150-£250. Searches are usually valid for 6 months, depending on lender.

    www.notaryexpress.co.uk

  • Post Your Answer


  • Do you want to be informed of further comments / replies? Yes No

Ask a Question

Search