OneSearch Remortgage Benefits from Refresh as Market Picks-Up

OneSearch Remortgage Benefits from Refresh as Market Picks-Up

OneSearch Direct, the largest local authority data search company in the UK, has today officially announced the re-fresh of its popular OneSearch Remortgage search and insurance solution aimed at conveyancers.   OneSearch Remortgage which was originally launched 10 years ago, uses real-time data for remortage searches and comes with a comprehensive insurance for Local Land Charges.  
“Many remortgage insurance policies used by conveyancers only cover advances of up to £500,000,” explains Ronnie Park, Managing Director of OneSearch Direct.  “However, with the remortgage market seeing a significant uplift in recent months, and with property prices ever on the rise, our professional indemnity cover of up to £2million offers peace of mind to conveyancers dealing with higher-priced residential property purchases.
“Unlike a standard Local Search, OneSearch Remortgage does not contain Local Land Charges; this part is insured instead,” continues Park.  “This is because these items are less likely to have changed since the initial local search was conducted back when the property was purchased.   Typically lenders are more interested in any new proposals in the pipeline that might affect the future value of the property.  These matters (such as notices, orders, proposed road and traffic schemes and planning applications etc.) are the principle records collected in real-time by our data team.  
“We have been providing private searches for more than two decades,” continues Park.  “Over the years, we have invested around £10 million in the integrity of our data set and we have more than 30 people permanently employed to ensure information is updated on a daily basis.  We are now leading the way as the real-time ‘property data experts’ and this means we can usually offer remortgage searches within 24 hours, speeding up and improving the accuracy of the remortgage searches.”  
OneSearch Remortgage is competitively priced at only £24 including VAT and benefits from £2million professional indemnity cover. 
“If the remortage market continues to maintain the growth seen in recent months, OneSearch Remortage will offer a valuable solution to conveyances,” confirms Park.  “While some solicitors and lenders already use insurance, our solution is superior as it offers accurate quality assured data to supplement it, allowing further inquiries to be made if potential issues are revealed.”
For further information please visit: be www.onesearchdirect.co.uk/remortgage

OneSearch

http://onesearch.direct/

OneSearch Direct are a leading property search company providing fast, accurate and quality assured search information to conveyancing solicitors and other property professionals.
Established more than 20 years ago, we have a vast wealth of experience in processing and managing property search information and continually invest and adapt our services to suit the changing needs of our customers and the market place.

We provide a complete solution for residential and commercial property searches, making it easier to order and manage every element of the search process required in a property transaction.
Added to that, our searches are also backed with a fully comprehensive professional indemnity insurance of £10 Million for both residential and commercial, giving our customers complete confidence and peace of mind in our service.

By employing state of the art IT infrastructure, we are able to streamline our processes, providing us with extensive volume capability and the ability to facilitate full electronic ordering and delivery of a broad range of property search reports including:

  • Local Searches
  • Land Registry Documents
  • Water & Drainage Searches – Personal & CON29DW
  • Remortgage Searches
  • Mining Reports
  • Environmental, Planning & Flood Reports
  • Chancel Repair Reports
  • Utility Searches Telecommunications and Transport Searches
  • Telecommunications Searches
  • Transport Searche

Although we use the latest technology, at the core of our service is a team of highly skilled people who are dedicated to personally managing your account, ensuring excellent customer service at all times.
OneSearch Direct subscribe to the Search Code and are founder members of the Council of Property Search Organisation (COPSO), as well as being an Appointed Representative of Northcott Beaton Ltd, which is authorised and regulated by the Financial Services Authority (FSA).


Contact: Elizabeth Jarvis

Tel: 0800 052 0117

Email: [email protected]

Address
6th Floor
Skypark SP1
8 Elliot Place
Glasgow
G3 8EP

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