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 making an inadvertent mis-statement.
Worse still, the PIQ was hurriedly drafted by the government without proper consultation with the legal profession and as such is a potential minefield for the unwary. In some cases it is impossible not to leave yourself exposed to risk without deviating from the prescribed format.
PIQ articles in the press
The risks associated with the PIQ were widely reported in the press and links to a few of these articles can be found below:
Sellers exposed to the risk of being sued Daily Telegraph
PIQ - Home sellers with no HIP face fine Daily Mail
PIQ - Legal and financial burden on seller Evening Standard
Sellers beware - the new PIQ can leave you open to being sued Daily Telegraph
Complete protection with our Online PIQ
With many years of experience in the UK conveyancing sector , Fridaysmove are the only HIP provider in the UK to incorporate legal protection into the PIQ. Our online PIQ automatically phrases your answers so as to give you complete legal protection and with it total peace of mind.
Our PIQ with legal protection is offered free of charge with all HIPs supplied by Fridays.
For more information on the PIQ see our Property Informanion Questionnaire FAQ's
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