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Land registry search notification

I am subscribed to email notification from land registry for our house. I just received one saying the search was done on behalf of XXX bank. We are hoping to exchange in the next week or so. What does that search mean, any ideas?  

Comments

  • user1977
    user1977 Posts: 17,969 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    Yes, it means the sale of your house is progressing and the solicitors have ordered a search. You should only really start worrying about notifications if you weren't in the middle of selling your house!
  • btcp
    btcp Posts: 310 Forumite
    Part of the Furniture 100 Posts Photogenic Name Dropper
    Thanks, it makes sense. I was thinking that searches are normally done at the start of the process and not just before the exchange...
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 18 June 2021 at 3:47PM
    Checks will be undertaken to ensure no changes since the process commenced. 
  • Land_Registry
    Land_Registry Posts: 6,163 Organisation Representative
    Part of the Furniture 1,000 Posts Name Dropper
    The Property Alert notification is triggered by us receiving a significant application, for example either an official search (OS1) or an application to update the register (AP1)
    The type of searches you are referring to are most likely checks with local authority and confirming what’s on the registered title eg confirm owner/seller (OC1 - official copies) 
    As Thrugelmir posts checks are then made at a later stage with us to see if anything has changed since those first checks. That later check is made by doing a priority search (OS1) which not only confirms that nothings changed since that first OC1 check but it also gives your buyer a 6 week priority window to submit the final purchase/register update. 
    If they are buying with a mortgage the OS1 is made to protect that, known as a legal charge 
    The Property Alert service is aimed at helping protect you against property fraud so if you aren’t selling it would be odd to get a notification. 
    If you are selling then you’d expect to be notified through the service 
    Official Company Representative
    I am the official company representative of Land Registry. MSE has given permission for me to post in response to queries about the company, so that I can help solve issues. You can see my name on the companies with permission to post list. I am not allowed to tout for business at all. If you believe I am please report it to forumteam@moneysavingexpert.com This does NOT imply any form of approval of my company or its products by MSE"
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