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Do property searches expire?

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Property searches will last for up to 3 months, after which time we would recommend that new searches are purchased to guarantee the accuracy of the information and data included in them. This would occur in very rare instances such as if chains break down resulting in the process of the transaction being drawn out for a longer period of time than normal.

In the event that the transactions fails to complete altogether, if one of our reimbursement schemes were added to the homebuyer’s search order, they could claim for a refund for some of the initial fees paid out during the buying process.

Buyer Protect covers the cost of non-refundable mortgage lender arrangement fees, mortgage broker fees, product and booking fees, valuation fees and solicitor’s fees and disbursements up to the value of £2,050.

Visit www.buyerprotect.co.uk for more information.

Search Protect is a lighter protection scheme which covers only the search costs paid out up to the value of £300.

Visit www.searchprotect.uk.com for more information.