We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Hip searches expire after 6mths?
baron777red
Posts: 426 Forumite
hi
i am thinking of putting an offer in on a house, it has been on the market for over 6 months now, and after speaking to a solicitor i have been told that the searches on the HIP for the property i am interested in, will now be out of date, because its over 6 months old.
and becasue my lender requires upto date searches i have to now pay for them, which is going to cost me about £180.00.
can i ask the vendor to pay for another HIP before i put my offer in.
im not a big fan of HIPS and this is another reason that just proves they are a waste of time...
thanks
colin
i am thinking of putting an offer in on a house, it has been on the market for over 6 months now, and after speaking to a solicitor i have been told that the searches on the HIP for the property i am interested in, will now be out of date, because its over 6 months old.
and becasue my lender requires upto date searches i have to now pay for them, which is going to cost me about £180.00.
can i ask the vendor to pay for another HIP before i put my offer in.
im not a big fan of HIPS and this is another reason that just proves they are a waste of time...
thanks
colin
its only a bargain, if you need it or will use it.
:beer:
:beer:
0
Comments
-
You can try. Why not put your offer in saying that it is on the condition that the vendor pays for up to date HIPS0
-
Why should they? Prior to Hips being implemented you would have had to pay for your own searches anyway.
The Vendor has fullfilled their obligation by supplying a HIP, the fact that the searches are more than 6 months old is irrelevant to them and they are not obliged to re-do the searches.My home is usually the House Buying, Renting and Selling Forum where I can be found trying to (sometimes unsucessfully) prove that not all Estate Agents are crooks. With 20 years experience of Sales/Lettings and having bought and sold many of my own properties I've usually got something to say
Ignore......check!0 -
GUtted to read this. Just paid (stupidly I accept) an arm and a leg for my HIPS safe in the knowledge that someone else was paying for the searches ont he propoerty I want top buy......since its been on the marklet two years I guess not then.........aargrggghhhhUnsecured Debt Free Target Date: June 2011:mad::eek:Mortgage Free Target Date : 2025:eek:The best things in life are free0
-
This is bo11ocks, if they want to sell the house(the law has changed remember) they should keep everything up to date. If the sale can go ahead without the update then it's a risk you take. There may be a planning app gone in that doesn't show up but I am sure you can talk to the local plaanning dep't.I came in to this world with nothing and I've still got most of it left. :rolleyes:0
-
Which is why the whole HIPS thing is is a misconceived piece of old sh1te0
-
bingibongi wrote: »Which is why the whole HIPS thing is is a misconceived piece of old sh1te
Exactly!
My home is usually the House Buying, Renting and Selling Forum where I can be found trying to (sometimes unsucessfully) prove that not all Estate Agents are crooks. With 20 years experience of Sales/Lettings and having bought and sold many of my own properties I've usually got something to say
Ignore......check!0 -
bo_drinker wrote: »This is bo11ocks, if they want to sell the house(the law has changed remember) they should keep everything up to date. If the sale can go ahead without the update then it's a risk you take. There may be a planning app gone in that doesn't show up but I am sure you can talk to the local plaanning dep't.
Unless the regulations change then they don't 'need' to keep the searches up to date.
IME Solicitors are applying for searches when HIP's are only a few weeks old anyway so most Purchasers end up paying for the same searches again.My home is usually the House Buying, Renting and Selling Forum where I can be found trying to (sometimes unsucessfully) prove that not all Estate Agents are crooks. With 20 years experience of Sales/Lettings and having bought and sold many of my own properties I've usually got something to say
Ignore......check!0 -
MissMotivation wrote: »IME Solicitors are applying for searches when HIP's are only a few weeks old anyway so most Purchasers end up paying for the same searches again.
This is what my solicitor has just done. I didn't know that they would be doing this though , as the quote I received before I had found a property mentioned the cost of searches were only if they were required.
I have just emailed my solicitor to ask why they are doing them again, but I'm sure they will say that it is too late to stop them, so I will have to pay for them again. :mad:0 -
purplebuzz wrote: »This is what my solicitor has just done. I didn't know that they would be doing this though , as the quote I received before I had found a property mentioned the cost of searches were only if they were required.
I have just emailed my solicitor to ask why they are doing them again, but I'm sure they will say that it is too late to stop them, so I will have to pay for them again. :mad:
I would be having a stern word with the Solicitor and asking him why he didn't use the searches included in the HIP !My home is usually the House Buying, Renting and Selling Forum where I can be found trying to (sometimes unsucessfully) prove that not all Estate Agents are crooks. With 20 years experience of Sales/Lettings and having bought and sold many of my own properties I've usually got something to say
Ignore......check!0 -
It would be very irresponsible for a solicitor to accept the searches in a HIP. The solicitor represents the buyer and if the search that came with a HIP was defective in any way its the conveyancing solicitor who would be first in the firing line"The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts."
Bertrand Russell. British author, mathematician, & philosopher (1872 - 1970)0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.1K Work, Benefits & Business
- 600.7K Mortgages, Homes & Bills
- 177.5K Life & Family
- 258.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards