Search Protect Reimbursement Scheme
Tel: 0845 2411815 Web: www.searchprotect.uk.com Email: info@searchesuk.co.uk
Search Search Protect Protect Reimbursement Reimbursement Scheme Scheme Moving Moving home home is often is often perceived perceived as one as one of the of the most most stressful stressful events events in someone’s in someone’s life.life.
Today Today more more thanthan ever, ever, the the process process of moving of moving home home requires requires significant significant capital capital outlay outlay andand sometimes sometimes through no no faultfault of your ownown things cancan go go wrong, potentially meaning youyou could wellwell be be significantly through of your things wrong, potentially meaning could significantly out out of pocket. of pocket.
As well as the costcost of purchasing a property, there are are associated costs thatthat formform partpart of this process. YouYou As well as the of purchasing a property, there associated costs of this process. will will need to pay youryour solicitor for afornumber of searches, among other things. need to pay solicitor a number of searches, among other things. As aAsbenefit of your solicitor processing youryour orders through Searches UK UK thisthis unique scheme will will be be a benefit of your solicitor processing orders through Searches unique scheme offered to you. Please request thatthat thisthis scheme is added to your order otherwise youyou will will not not be be offered to you. Please request scheme is added to your order otherwise covered by this protection. covered by this protection.
OurOur Search Protect scheme will will reimburse youryour search costs up to of £300 should the the purchase Search Protect scheme reimburse search costs upatomaximum a maximum of £300 should purchase fall fall through. through.
Circumstances Circumstances under under which which wewe willwill reimburse reimburse you: you:
property property is withdrawn is withdrawn fromfrom salesale by the by the vendor vendor (person (person selling selling the the property) property) duedue to reasons to reasons If theIf the beyond beyond youryour control. control.
vendor vendor receives receives andand accepts accepts an offer an offer fromfrom another another buyer, buyer, which which is aisminimum a minimum of £1,000 of £1,000 greater greater TheThe thanthan the the offeroffer theythey previously previously accepted accepted fromfrom youyou andand youyou are are not not prepared prepared to increase to increase youryour offer. offer.
vendor vendor is not is not legally legally entitled entitled to sell to sell the the property property or toortransfer to transfer interest interest in the in the property property to you. to you. TheThe We We will will alsoalso reimburse reimburse youyou if you if you decide decide not not to proceed to proceed withwith the the purchase purchase for the for the following following reasons: reasons:
mortgage mortgage lenders lenders survey survey or valuation or valuation on the on the property property identifies identifies thatthat rectification rectification work work needs needs to be to be TheThe
carried carried out,out, the the costcost of which of which exceeds exceeds 5% 5% of the of the sumsum youyou have have originally originally offered offered or values or values the the property property at less at less thanthan 90%90% of the of the sumsum youyou have have offered offered for the for the property property andand which which hashas been been accepted. accepted.
mortgage mortgage lender lender applies applies a retention a retention on the on the mortgage mortgage for the for the property property andand thisthis figure figure exceeds exceeds 5% 5% TheThe of the of the sumsum youyou have have offered offered andand which which hadhad originally originally been been accepted. accepted.
property property sustains sustains damage damage during during the the period period between between offeroffer andand exchange exchange of contracts of contracts where where the the TheThe totaltotal costcost of rectification of rectification work work exceeds exceeds 5% 5% of the of the property property value. value.
A Local Authority Authority search search highlights highlights thatthat the the property property is: is: Aa. Local a. The The subject subject of a of compulsory a compulsory purchase purchase order; order; b. b. In a In flood a flood plain; plain; c.
c. On contaminated On contaminated land;land; or, or,
d. d. OverOver a mining a mining area;area;
andand youyou decided decided not not to proceed to proceed withwith the the purchase purchase of the of the property. property.
or the or the person person whowho is buying is buying the the property property withwith you:you: die die andand the the survivor survivor is unable is unable or unwilling or unwilling to to YouYou
continue continue withwith the the purchase; purchase; are are given given notice notice of redundancy of redundancy andand youyou are are unable unable or unwilling or unwilling to to
continue continue withwith the the purchase; purchase; are are given given notice notice of relocation of relocation andand youyou are are unable unable or unwilling or unwilling to continue to continue
withwith the the purchase; purchase; or, you or, you are are diagnosed diagnosed withwith a terminal a terminal illness illness andand are are unable unable or unwilling or unwilling to continue to continue withwith the the purchase. purchase.
Search Search Protect Protect Reimbursement Reimbursement Scheme Scheme There There are are a few a few circumstances circumstances however however where where we will we will not not reimburse reimburse you,you, these these are:are:
• If• one If one of the of the aforementioned aforementioned events events happened happened before before we are we are instructed. instructed. • If• you If you are are subject subject to ato contracts a contracts race, race, auction auction or sealed or sealed bids.bids. • If• you If you are are buying buying a mobile a mobile home, home, caravan caravan or any or any other other typetype of non-permanent of non-permanent dwelling. dwelling. • If• you If you withdraw withdraw fromfrom the the purchase purchase of the of the property property for reasons for reasons other other thanthan those those specifically specifically covered covered by by this this guarantee. guarantee. • If• you If you deliberately deliberately andand knowingly knowingly cause cause a delay a delay or behave or behave in a in manner a manner thatthat results results in the in the failed failed purchase. purchase. • If• the If the purchase purchase has has not not exchanged exchanged within within 12 months 12 months of being of being registered registered withwith us. us. • If• you If you are are aware aware of aof previous a previous survey survey having having been been carried carried out out to the to the property property up to up90 todays 90 days priorprior to the to the startstart date, date, thatthat maymay givegive cause cause for the for the purchase purchase to fail. to fail. • If• you If you are are aware, aware, priorprior to the to the startstart date, date, of any of any circumstances circumstances which which could could leadlead to ato claim a claim being being made made under under this this guarantee. guarantee. • Where • Where you you can can be reimbursed be reimbursed by your by your employer employer or obtain or obtain a refund, a refund, fromfrom the the lender lender or solicitor. or solicitor. • In• the In the casecase of redundancy of redundancy we will we will not not reimburse reimburse you you if you if you are are self-employed, self-employed, if you if you havehave taken taken voluntary voluntary redundancy redundancy or ifor you if you are are a company a company director director or partner or partner of the of the company company giving giving notice notice of redundancy. of redundancy. • We • We will will not not reimburse reimburse you you if you if you provide provide falsefalse or fraudulent or fraudulent information information to us. to us. Please Please notenote this this is only is only a summary a summary of the of the terms terms of our of our guarantee; guarantee; please please referrefer to the to the full guarantee full guarantee wording wording to to readread all the all the terms terms andand conditions conditions of our of our guarantee. guarantee.
How How to to make make a claim a claim In theInunfortunate the unfortunate eventevent that you that need you need to make to make a claim a claim please please visit visit www.searchesuk.co.uk/content/searchprotect-claims www.searchesuk.co.uk/content/searchprotect-claims You will Youneed will need to fully to fully complete complete the online the online formform and upload and upload any documents any documents requested. requested. We will Wereview will review your your claimclaim within within 7 working 7 working daysdays and ifand successful if successful payment payment will be willsent be sent to you to within you within 10 working 10 working daysdays thereafter. thereafter. ThisThis is not is an notinsurance an insurance policy policy for consumers; for consumers; Search Search Protect Protect is a benefit is a benefit for you, for you, as your as your solicitor solicitor is using is using Searches Searches UK as UKthe as the Search Search Supplier Supplier and and we will we only will only be able be able to reimburse to reimburse you you if you if you can provide can provide genuine genuine documents documents to substantiate to substantiate the losses. the losses.
Testimonials Testimonials ‘When ‘When our our purchase purchase fell fell through through we we were were disappointed, disappointed, however however Searches Searches UK UK refunded refunded our our search search feesfees andand we we have have nownow found found a new a new property.’ property.’ ‘Searches ‘Searches UK UK refunded refunded our our search search feesfees when when our our purchase purchase fell fell through, through, fantastic fantastic service.’ service.’ ‘First ‘First class class service. service. I would I would be happy be happy to recommend to recommend the the service service to anyone.’ to anyone.’ ‘Ensured ‘Ensured my my claim claim progressed progressed quickly quickly andand efficiently. efficiently. VeryVery happy happy withwith the the service service provided.’ provided.’
Tel: 0845 2411815
Web: www.searchesuk.co.uk
Email: info@searchesuk.co.uk