Since last December, every property being sold must have a Home Information Pack. A HIP provides buyers with information about the property they are intending to buy right from the start.
The HIP includes legal documents and searches, as well as an Energy Performance Certificate giving a “fridge type” efficiency rating for the property and makes suggestions for improvements.
We always include the best kind of detailed Official Search in our HIPs. Some HIP providers use other kinds of searches provided by personal search companies. These can cause problems with buyers or their lenders who will not always accept personal search results. Churchers firmly believe that our HIPs are best for clients – the last thing you want when selling a property is for difficulties to get in the way of a successful sale.
HIPs are part of the legal process and as legal people, we strongly advise anyone thinking of selling a property to CONTACT US FIRST so that we can give full advice on HIPs and property sales generally.
1 comments:
More and more banks and building societies are accepting personal searches it is reported in various Home Information Pack related news articles. Though this one issue seems to be the most contentious point in relation to Home Information Packs.
It is good to see that Churches is taking a pragmatic approach towards the HIP provision they supply. After all it is intended to help the process of the often traumatic buying and selling experience.
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