Whilst submitting searches can be time-consuming, there’s no doubt that they are an important step when it comes to providing your client with as much information on their property as possible.
That’s why it’s important to be aware of the change soon to be implemented for LLC1 forms, the first part of the process which searches the local land charges register.
Whilst the request for the search would usually go to the local authority, HM Land Registry have started work on a new national Local Land Charges Service, which would involve them taking over this data. Though the transfer is set to be gradual, with just 20 local authorities to start, the aim of the change is to speed up search turnaround times and cut costs on a long-term basis.
So what does this mean for you?
On the one hand, the change is bound to centralise the information to an extent; for example, it seems logical for local land charges to be recorded nationally rather than just locally.
However, it doesn’t necessarily ease the search process for professionals, especially when faced with ordering multiple property searches.
Recognising the delays and added stress which this can cause for conveyancers, Big Property Data aims to simplify the process for professionals by streamlining the property search ordering system.
Being a fully licensed channel of the National Land Information Service (NLIS) means that whether the transfer of local land charges data to HMLR happens now or in 12 months’ time, our customers will always have access to the information they need, regardless of the changes ahead.
Delivered completely autonomously, the Law Society compliant reports are compiled without the need for manual intervention, saving on both valuable resources and expense.
To discover how Big Property Data is streamlining the way you order property searches, please click here.