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Solicitor doing searches???

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realfun
realfun Posts: 32 Forumite
in Mortgages & endowments
When a solicitor carries out searches when they are in the process of doing the legal paperwork, what do they mean when they have to carry out searches?

Does anyone know??

Comments

  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    Typically they mean local authority searches on the property being mortgaged to check for anything that could affect the value of the property. For example are the council planning building a new road next to it.

    They will also carry out a bankruptcy search against the mortgage applicant.
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