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Searches?

JuzaMum
JuzaMum Posts: 720 Forumite
Part of the Furniture 500 Posts Name Dropper Photogenic
in House buying, renting & selling
I am buying a flat in a block and wondering if I should have any searches done. I know that it is not built on landfill or over a mine shaft also there are no plans for the surrounding area. Am I missing anything that searches would reveal?

Comments

  • GDB2222
    GDB2222 Posts: 26,304 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    You're probably safe enough. It's worth checking the local planning portal for applications in the area. 
    If you need a mortgage, your lenders will probably require searches.
    No reliance should be placed on the above! Absolutely none, do you hear?
  • JuzaMum
    JuzaMum Posts: 720 Forumite
    Part of the Furniture 500 Posts Name Dropper Photogenic
    I have looked on the planning portal and there is nothing. No mortgage so no lender to satisfy.
  • trance_abbey
    trance_abbey Posts: 76 Forumite
    10 Posts Name Dropper
    You can always buy indemnity insurance at a fairly minimal cost - I looked recently and it was £25 for up for £500,000

    I'm also buying a flat, and decided to pay a bit extra to expedite the searches just because I like to dot every i before committing to something :smile:
  • JuzaMum
    JuzaMum Posts: 720 Forumite
    Part of the Furniture 500 Posts Name Dropper Photogenic
    What would the indemnity do/be for?
  • user1977
    user1977 Posts: 18,002 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    JuzaMum said:
    What would the indemnity do/be for?
    Against costs resulting from anything bad which would have been revealed by a search. Saves you bothering to pay/wait for the search result, which only comes up with nasty surprises once in a blue moon.
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