Hips packs, help , local search fee and land reg fee

everton09

Hi,

Im in the process of buying a house, the house we want to buy has a completed hips pack and our property has a completed one too.

I have received a letter from my solicitor asking for £350 to complete a local search fee and land registration fee, surley this is in with the hips pack?? or am I wrong? so why are they asking for money to do it again???

Any help would be great

Mike

stormCat99

You will still have to pay the Land Registration fee, that's nothing to do with the searches in the HIP. Ours was £280, think it depends on the value of the property - it's the cost of registering the property as yours, with the Land Registry.

Local search fees - ours were around £70. Although the HIP of the property we were buying already had these, our lender deemed them to be out of date and so made us get them done again.

HTH.

G_M

If the HIP LA search was a 'personal search', or is old, then the mortgageg lender will insist on a full search or up to date search.

The whole HIP thing is a waste of time and money - except for HIP providers!

david29dpo

As said, if the search is 5/6 months old or a cheap personal search, your solicitor and lender will want a new one.