What are local searches?
The local authority search, also known as the Local Land Charges Search or Local Search, is a component of mortgage searches in the UK.
This search involves obtaining information from the local authority or council where the property is located. It provides important details such as planning permissions, ensuring the property complies with building regulations, identifying any conservation area designations, and highlighting any proposed road developments or public paths that may affect the property.
Additionally, it may uncover other relevant local authority records including public rights of way, enforcement notices, tree preservation orders, or contaminated land designations. The local authority search plays a vital role in assessing potential risks, restrictions, or future developments that may impact the property’s value or suitability for a mortgage, making it an essential part of the due diligence process.
These searches are some of the tasks undertaken by your conveyancing solicitor.
HOW CAN WE HELP?
Choosing a mortgage is an important financial decision and it’s easier with someone who’s on your side. We work as a whole of market mortgage broker so that you get the best possible choice of mortgages.
DRAKE MORTGAGES ARE EXPERT BUY TO LET MORTGAGE BROKERS
We are experienced whole of market brokers who can help you get a great holiday let mortgage.
We can also give you access to exclusive schemes and some specialist lenders who don’t deal direct with borrowers. Loans are available to individuals and SPV’s upto 75% and we can help with Scottish properties, mixed use, multi-lets and Airbnb.
Bridging loans are one of the most useful, multi-purpose, types of lending solutions available. You can get a bridging loan approved on almost any property for almost any reason. Great for auction purchases or snapping up a buy to let bargain.
And we can arrange them really fast.