A ‘Regulated’ search is compiled by a search provider such as STL, which is registered with the Property Codes Compliance Board (PCCB) as a subscriber to the Search Code. Regulated searches are accepted by all major mortgage lenders
STL’s market leading Regulated Local Authority Search offers many benefits compared to a Council (Official) search. It also accepted by the vast majority of mortgage lenders.
The following are the main benefits of STL’s Regulated search compared to a ‘Council’ search:
4 July 2016 Law Society Changes
The Law Society revised its CON29 and CON29O forms on 4 July 2016. The aim of these changes was to improve the quality and consistency of information provided. STL's Regulated Local Authority Search was also amended to reflect these changes.
4 July 2016 Changes to Regulated Local Authority Search
Council v Regulated Local Authority Search Comparison
The Local Authority Search Comparison Guide gives a simple comparison of these 2 searches:
Residential Local Authority Search Comparison