HIPs are now up and running and required for the sale of all residential properties (with a number of exceptions).
We are able to produce a HIP efficiently.
The main question facing sellers initially is whether the HIP is to be regarded as just a marketing pack or additionally as a legal pack which helps the speed of the conveyancing process.
The Government has introduced a concession extended to the end of 2008 which allows sellers to place their property on the market without a completed HIP provided that all the documents currently required by the regulations have been commissioned.
Unless this date is extended, sellers will from the 1st January 2009 only be able to put their property on the market if a compliant HIP is already in place.
As lawyers, we can assist you and advise you generally on the content and timing of a required HIP and the advantages of the HIP actually meaning something to the buyer’s conveyancers.
We have been preparing HIPs since 1st August 2007 when the first phase of the regulations applied.
General questions are: Do you provide
If we are handling your sale then the cost of our basic HIP service can start from as little as £260.00 (including VAT) for freehold properties. Full details are available on request.
