No Search - Purchase
The No Search Purchase legal indemnity insurance policy provides cover when you are prepared to purchase a single residential and/or commercial property based within England and Wales without one or more formal searches in respect of:
- local land charges
- information held by the Local Authority
- water or sewerage services to the property
Click here to download our Demands & Needs statement
Full Key Facts can be viewed by clicking here.
Key Features and Benefits
If, after the date that this policy commences, you discover any adverse matter which would have been revealed by a search had it been carried out on the date of completion of your purchase, the policy provides cover for the following, up to your selected limit of indemnity *:
- the amount of any financial charges registered against the property
- the reduction in the value of the property.
The policy does not cover contaminated land or any matter of which the buyer was aware at the date cover commences.
The policy covers the buyer and any mortgage lender named in the policy schedule.