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Inquiry into home-buyer searches
Property searches are to be investigated by the Office of Fair Trading (OFT) in a bid to protect home buyers and speed up sales.
The OFT will look at the cost and availability of information used in property searches carried out during the house buying process.
The information used in searches comes from local authorities, the Environment Agency and Land Registry.
The investigation follows complaints over the accuracy and cost of searches.
Property search companies, which carry out conveyances on behalf of home buyers, are behind the complaints made to the OFT.
Story from BBC NEWS:m BBC NEWS.