News
HIPS SCRAPPED
Posted 19/05/2010
As from the 21st May 2010 HIPS are suspended for anyone selling their home in England and Wales.
The burden of paying for local searches and water and drainage searches will now fall on the buyers again as pre the HIP legislation.
The energy performance element of the HIP will remain and sellers will have to pay around £60.00 for the certificate which ranks the energy efficiency of their home. This must be produced by the seller within 28 days of putting their home on the market.
The government are expected to outlaw HIPS completely with new legislation shortly and increase the stamp duty limit to £250,000.00.
Archived News
2010
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24/01/2010 - CHEAP CONVEYANCING - BEWARE OF THE PITFALLS
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24/03/2010 - Stamp Duty Help for First Time Buyers
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19/05/2010 - HIPS SCRAPPED
2009
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05/08/2009 - House Prices Rise
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05/08/2009 - Mortgage Lending Increases
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05/08/2009 - Poorly Insulated Homes Should be Banned
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15/08/2009 - UK Property Prices to Rise
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15/08/2009 - Common Problem for Sellers
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15/08/2009 - Lending is Up!
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06/09/2009 - Great new mortgage deals!
Thank you for your help in making this the smoothest house sale i have ever been involved in (or heard of).
Mrs J Hodge
kent
