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Buy to let remortgage - searches?
Twood
Posts: 27 Forumite
Hi we are currently remortgaging our house as a buy to let. Today we received a letter from the solicitor asking for money for searches - do we need searches for a house we already own?
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Comments
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Check with the lender.
Many may request local search indemnity insurance in lieu of search on a remortgage, but it will depend on your lender's CML Handbook requirements and your solicitor is best placed to be able to see what they are...I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0
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