Properties exempt from HIPS
WHY USE SARGINSONS LAW TO PROVIDE YOUR HIP?

 

1. We are regulated by the Solicitors Regulation Authority and we are insured if things go wrong. Companies claiming to be HIP providers are not regulated in any way.

 

2. Some Estate Agents will no doubt provide a HIP on the basis that payment can be made when the property is sold. If your property does not sell and you wish to instruct another agent you will then have to pay for the HIP. The new agent may insist on similar conditions requiring another HIP. This means that you will have to pay twice. If Sarginsons Law prepare the HIP it will always belong to you and you will not be charged if you change Estate Agents

 

In an uncertain market of expected interest rate rises following the introduction of HIPs you will be in a more favourable position if you own the HIP on your property.

 

Hips £248.01 for freehold properties in the Coventry area.

For more information visit:

Home Information Packs.gov.uk

In this section

Properties which can be sold without a Home Information Pack

  • Properties which have not been marketed, for example the sale of a house from a member of a family to another family member.
  • Non residential properties.
  • Mixed sales - for example a shop unit with a flat above.
  • Properties limited by law to use as holiday accommodation or occupation for less than 11 months a year.
  • Sales of portfolios of properties.
  • Properties which are not sold with vacant possession, as when a tenant is to remain in the property after sale.
  • Unsafe properties and those due to be demolished.
  • Properties sold through the 'Right to Buy', 'Right to Acquire' and 'Social Homebuy' Home Ownership Schemes.

 

5th February 2012

Sarginsons Law