Stamp Duty limit to rise and HIPs abolished in today's Budget?

Rumours are rife that Chancellor Alistair Darling is to announce in today’s  Budget that stamp duty will be scrapped on house purchases up to £250,000 for first-time buyers. If the Chancellor does go ahead, the move would cost the Treasury  £1bn, at a time when public...

Online Home Information Pack quotes

If you are looking for a Home Information Pack quote online, be aware that the requirement to produce a HIP has been abolished.An EPC (Energy Performance Certificate) is required by law, however.Fridaysmove offer the Cheapest EPCs on the market, and currently offer Conveyancing clients a refund of...

PIQ Legal Protection

As from 06/05/2009 a new form called the 'Property Information Questionnaire' or 'PIQ'  was introduced for mandatory inclusion in the Home Information Pack. Although on face vale this is just another form, the PIQ does in fact expose home seller's to the risk of being sued as a result of...

Why do I need a Drainage and Water Report for my Home Information Pack?

All properties that require a Home Information Pack are required by law to contain certain documents, which the government feels are essential to the conveyancing process. Amongst these required legal documents is a Drainage and Water Report. This report , which pre- Home Information Pack ...

Is the "exchange – ready Home Information Pack" the saviour for Home Information Packs

No one can accuse the Tories of not being consistent in their message of abolishing Home Information Packs.  Over last year lobbyists trying to protect Home Information Packs have desperately looking  for a ray of hope that the much maligned Home Information Pack will not be abolished....

Why have leasehold Home Information Packs been watered down?

When Home Information Packs were first introduced under the Housing Act 2004 it was envisaged that Home Information Packs for Leasehold properties in particular would dramatically speed up the conveyancing process.  It has long been held opinion of the cognoscenti of the conveyancing world who...

Property Information Questionnaire (PIQ) - Access way issues - Interference with a right of way ( recent Conveyancing problems

In the recent High Court case of Heslop v Bishton & others [2009] Mr Heslop constructed a gateway, the walls and pillars of which encroached onto a right of way. In order to use the right of way, those with the benefit of it (including Mr Bishton) had to walk on a small strip of Mr Heslop's...

Home Information Packs - No Drop Dead Date

To describe the history of Home Information Pack  legislation as “complex” is like  suggesting there has been a slight dip in the economy . No fewer than 12 sets of statutory Home Information Pack regulations have implemented since 2006. Some of these regulations repeal...

The new 'Property Information Questionnaire' or 'PIQ' could leave vendors financially exposed

If you order a ‘Home Information Pack’ or ‘HIP’ on or after 6th April 2009 you will need to complete a 'Property Information Questionnaire’ or ‘PIQ’ as part of the HIP. It is now over a year since Home Information Packs (HIPs) were introduced as an...

What is a Property information questionnaire (PIQ) ?

As from 6 April all Home Information Packs will require a completed 'Property Information Questionnaire' or 'PIQ' The PIQ is designed to be completed by a property seller, and intended to provide simple and useful information about a property to help inform prospective buyers' decisions about...

Guidance notes on the Property Misdescriptions Act and the implications for the Property Information Questionnaire

Conveyancing Solicitors are sometimes asked about the effect of misdescriptions contained in property sale brochures, advertisements, or photos and videos seen on a web-site.

Property Information Questionnaire (PIQ) - FAQs

  I already have a Home Information Pack , do I need to ask my HIP provider or Conveyancing lawyer to send me a PIQ to complete ? On the basis that you have already applied for your Home Information Pack before 6 April you do not need to complete a Property Information Questionnaire. We...

Property Information Questionnaire (PIQ) - Advice on completing the leasehold section

Part 2 of the Property Information Questionnaire relates specifically to enquiries to leasehold properties and is much more complex. The following contains advice on how to answer these questions: Tell us who the person or organisation you pay ground rent or service charge to. How many years...

Property Information Questionnaire (PIQ) - Fridays response to estate agent's comments

Property information questionnaire (PIQ)   Over the past few weeks, the Estate Agency Press has raised a number of questions about Property Information Questionnaires (PIQs).  The following is a representative sample of those comments along with Friday’s...

Who can help you complete a Property Information Questionnaire (PIQ)?

The Home Information Pack (HIP) Provider? You should contact your specific HIP provider and enquire whether they will be able to assist you in completing the Property Information Questionnaire.  Some may well direct you to a third party or alternatively arrange for that third party (possibly...

Property Information Questionnaire (PIQ) – Separating fact from fiction

In the second half of last year, a number of the UK’s leading papers carried headlines stating  “New HIP plot to force up our Council Tax bills”. The articles stated there was a plan that the recently introduced Property Information Questionnaire (PIQ), which becomes a...

What is the Home Information Pack Code ?

 Fridaysmove always ensures that its Home Information Pack suppliers follows the Home Information Pack Code available on the PCCB web site. Our  interpretation of some of the Home Information Pack Code key commitments are set out below:1 Home Information Pack Provider Commitments...

Home Information Pack Searches Explained ?

The  conveyancing searches within Home Information Pack are  a set of standard and basic searches  need by the  conveyancing lawyer and conveyancing solicitor alike when acting for your purchaser, assuming of course you find a buyer.  The Home Information Pack will...

What is a Home Information Pack ?

The Home Information Pack can be a minefield, this guide provided by conveyancing experts, explains everything you need to know about HIPS

Home Information Pack costs - Agent Kick Backs Exposed !

Fridays welome recent press coverage highlighting home owners are being charged "unnecessarily" high prices for Home Information Packs as some estate agents are creaming off hidden profits.

Buyers ignore Home Information Packs at their own risk

Various polls reveal that 77% of buyers ignore Home Information Packs (HIP’s) when deciding whether to buy a property. However, requesting a HIP can speed up the conveyancing process

How Long is a Home Information Pack Valid For?

Many members the public phoning up for a Home Information Pack ask “How long is a HIP valid for?”. The answer is not a simple answer even though one would think that it is

Top 10 Tips for Home Information Packs

Here are Fridays Property Lawyers’ top 10 conveyancing tips for Home Information Packs

How to answer the Leasehold questions within the Property Information Questionnaire (PIQ)

The purpose of this article is to give guidance as to how to complete the leasehold section of the Property Information Questionnaire, also known as Part 2 of the PIQ.

PIQ – Property Information Questionnaire or Practically Impossible Quandary?

The initial consensus amongst Home Information Pack providers is that the Property Information Questionnaire (which as of the 6th April comes a compulsory document

Contents of a Home Information Pack

Home Information Pack Article  A Home Information Pack must contain the following compulsory documents and can, at the seller's request, contain any or all of the Compulsory Documents An index of contents A sale statement (a summary of the terms of sale) New Homes Warranty (if...

Home Buyers Survey
Lease Extension
EPC

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