Mortgage and insurance arrangements
Mortgage and insurance arrangements, as well as surveys, are completed to different time scales than in the rest of the United kingdom. This is due to the earlier commitment to buy as a result of the legislative process in buying a property.
There is a staggering number of types of mortgage, remortgage, insurance and survey types in Scotland, and it is advisable to contact local experts who specialise in their field, such as financial advisors and mortgage brokers, insurance agents and Surveyors.
Similarly, Scot Law differs in many other legislative areas from UK law, such as in Criminal Law, Family Law, Employment Law and Finance Law. It is therefore recommended that when dealing with such matters in Scotland, local advice and representation should be sought.