HIPs abolished

Mortgage Approvals and House Prices go down

According to an article in the Mortgage Finance Gazette, there has been a drop in mortgage approvals for the month of June compared with May.  The  figures show that there were 47,643 loan approvals for house purchases, which was lower than the May figure of 49,461  ...

Which Magazine list Fridays Property Lawyers as Cheapest July 2010

Which Magazine in their July edition about Home Information Packs (which are no longer required to sell your home) and Energy Performance Certificates (which are) has listed Fridaysmove at the supplier of the cheapest standalone EPC!This is despite the fact that the price they show is about...

The HIPs pack is out of date – what shall I do?

Since HIPs have now been abolished the buyer cannot force the seller to complete a fresh one, so if there is any information in the PIQ that is not covered in any other forms then it can be raised as a pre-contract enquiry.SellersAs a Seller, you should send the HIPs pack to the...

What are the main conveyancing searches when buying a property?

Is there a skeleton hiding in your home's closet?

Your Conveyancing Solicitor will carry out these searches to protect you during the purchase process - You don't want to find any skeletons in the closet!

Mortgage Lending to toughen up over the next three months

 According to BBC online news on 1.7.10, lenders are warning that there is going to be a new squeeze on mortgage availability. Although, we have seen improvements recently in the mortgage market, it is feared that this will not last and lending is to get tougher, they say, based on reports...

House Prices continue to increase as HIPS are abolished

 The Press Association Yahoo News reported this morning that house prices continued to rise in the month of May following the axing of the controversial HIPs packs. Click here to read the full report. More surveyors have reported a rise in property prices than those reporting a fall for...

More Houses on the Market as HIPs are scrapped!

 Estate agents are reporting a sharp increase in the number of houses being put on the market since the the controversial HIPs have been suspended.  There is reported to be a 35% increase on new properties being marketed and it is clear that this is partly due to the...

HIP abolition sees more properties come on the market

Estate agents and conveyancers argued, even before they were introduced, that Hips added an unnecessary layer of bureaucracy and deterred speculative sellers from putting their homes on the market. The Tories promised they would scrap them if they won power . They kept their word.Since abolition of...

HIPs packs have gone – What does this mean for Home Sellers and Buyers?

  As most people will have heard by now,  the controversial HIPs have now been suspended. You are therefore not required to have a HIPs pack when you put your property on the market. The EPC will remain though since it is part of European Union legislation. You must therefore...

£60 HIPs Refund for any HIP

Fridaysmove are offering up to £60 HIP Refund against Conveyancing for any Home Information Pack.  If you have an existing HIP, or have just ordered a HIP, Fridaysmove will refund the cost of it up to £60 against your future Conveyancing work.Get a Conveyancing Quote now and make...

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