Soldato
Looking for a little advice here, buying a new build property, my Solicitor has sent me a letter asking me about Searches/Surveys.
Searches
Because it's a new build plot they say I can do one of two things:
1. Complete a local search on my plot at a cost of £164.00
2. Take out local search indemnity insurance at a cost of £26.50
Apparently the indemnity insurance just means they use a previous search they've taken for the development, and I am covered if anything negative comes up had I taken an up to date local search of my own and found problems.
Surveys
They recommend getting in touch with a Surveyor if I want to complete my own Survey. Is this required so much for a new build property? I would definitely complete one if I was buying an existing property, but right now it's probably not even got foundations completed.
Searches
Because it's a new build plot they say I can do one of two things:
1. Complete a local search on my plot at a cost of £164.00
2. Take out local search indemnity insurance at a cost of £26.50
Apparently the indemnity insurance just means they use a previous search they've taken for the development, and I am covered if anything negative comes up had I taken an up to date local search of my own and found problems.
Surveys
They recommend getting in touch with a Surveyor if I want to complete my own Survey. Is this required so much for a new build property? I would definitely complete one if I was buying an existing property, but right now it's probably not even got foundations completed.