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*£850 is the average saving on a typical sale and purchase through our panel of conveyancing solicitors compared to using a high street solicitor (Survey of 52 high street solicitors, September 2010).
The House Hop Guide to HIPs
Note: HIPs are no longer compulsory.
On 19th May 2010 the Government announced that – with immediate effect – sellers would not need a HIP when marketing their home.
Seller can still choose to have a HIP. The advantage of having a HIP is that by giving buyers key documents and searches at an early stage you may speed up your sale.
However, while HIPs are no longer compulsory you must still order an EPC (Energy Performance Certificate) when you market your house.
Once you’ve ordered it you can begin marketing straight away. You then have up to 28 days to get you EPC in place.
On 19th May 2010 the Government announced that – with immediate effect – sellers would not need a HIP when marketing their home.
Seller can still choose to have a HIP. The advantage of having a HIP is that by giving buyers key documents and searches at an early stage you may speed up your sale.
However, while HIPs are no longer compulsory you must still order an EPC (Energy Performance Certificate) when you market your house.
Once you’ve ordered it you can begin marketing straight away. You then have up to 28 days to get you EPC in place.
This guide is in two parts:
Part I
- What is a HIP?
- What does a HIP contain?
- How much should you pay for a HIP?
- How do you order a HIP?
Part II
- Must you provide a HIP?
- What exactly do HIPs contain?
- How old can documents be?
- How long does a HIP last?
- What is the HIP Code?