An account verification report simply proves that bank account details belong to you.
These are required for anti fraud due diligence processes.
If you are receiving large sums of funds for a completed sale, this will provide assurance to the solicitor and avoid any doubt or risk of funds being intercepted.
Order this report when requested to do so by your Conveyancer or Mortgage Broker. Once you have submitted the required information to us and checked out, we will email you with a link to get started.
For your peace of mind our pack products provide industry expected levels of insurance and are compliant with all regulating bodies and codes of conduct.:
Our Local Authority Search is protected by Professional Indemnity Insurance arranged by Travelers Insurance Co Ltd, the limit of which is £10,000,000. This indemnity also provides cover for errors and omissions in local authority and water company data/records which are used to compile our search reports. The search further benefits from 6 years run-off cover.
Our Drainage & Water Reports come with a £2 Million indemnity insurance from 'stewart title'
The Ground Report comes with £1 million of indemnity cover in the aggregate in respect of any one Property.
The Homecheck Pro Report is backed by £10 million professional indemnity insurance.
The Envirosearch Residential Report comes with: a Radon screen- Insurability statement, PI cover of £10million, Free ‘Further Action’ risk re-review service and £150,000 Contaminated Land excess free remediation contribution
The Homecheck Flood Report comes with a Consultant assessment on high risk sites, Clear next steps, £10m PI cover of £10million, Insurability statement, is Law Society compliant, FloodRe eligibility indicator
Our No Search Chancel Repair Insurance Policy provides up to £500,000 of Indemnity Insurance per property.