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Bid accepted for flat, but no HIP available ?

Above says it all....
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Comments

  • tek-monkey
    tek-monkey Posts: 1,434 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    how long has it been on the market for?
  • Emmzi
    Emmzi Posts: 8,658 Forumite
    1,000 Posts Combo Breaker
    you say bid not offer - is it auction??
    Debt free 4th April 2007.
    New house. Bigger mortgage. MFWB after I have my buffer cash in place.
  • The selling agent should be making sure there is a HIP!! do a google search for " can I sell a house without a HIP" and you will see lots of information. The government say you cannot sell a home without one
  • Needofhelp_2
    Needofhelp_2 Posts: 110 Forumite
    edited 7 September 2009 at 5:55PM
    added by mistake
  • She goes to see them tomorrow.

    What should she ask about the property and lack of HIP ? its a pretty big estate agent got it up.

    It is to buy not an auction.

    Its recently done up, but I do not think its been on the market that long, since they were humming over her offer and at one point wanted more (it was 2k over the offer price, but they wanted 10k over..) 117 and not the 125 they wanted. (its up for offers over 115)
  • Emmzi
    Emmzi Posts: 8,658 Forumite
    1,000 Posts Combo Breaker
    I don't think your title *does* say it all.

    Can you explain more about the situation and what you want advice about?
    Debt free 4th April 2007.
    New house. Bigger mortgage. MFWB after I have my buffer cash in place.
  • VKay
    VKay Posts: 262 Forumite
    I'm waiting for HIP as well as offer accepted today. Im going to keep bothering the agent til they give it to me!
  • chickmug
    chickmug Posts: 3,279 Forumite
    What can you do if a HIP/EPC isn't provided?

    Sellers or their agents have to provide the pack within 14 days of a request from a buyer. A seller can refuse to provide a copy in limited cases. This is usually when a seller believes that the person making the request:
    • couldn't afford the property
    • isn't really interested in buying the property
    • isn't a person who the seller would wish to sell the property to (but this doesn't allow them to unlawfully discriminate against someone)
    If you believe you are being denied a copy of the pack unlawfully, local authority trading standards officers can help you.

    Off Gov web site!
    A retired senior partner, in own agency, with 40 years experience in property sales & new build. In latter part of career specialising in commercial - mostly business sales.
  • OK full story, not that there is much to it.

    Flat on market for sale or rent
    recently done up by the looks of it, nothing special but modernised, its about 100 years old
    Its in a prime location on the coast for 1st time buyers, and houses do sell pretty quickly along this street
    Prices in street range from 90-130k ish
    Price recently dropped from 125k to 115k
    Estate agent says its now offers over
    Mate puts in offer for 117k, they humm over it for a while than accept but won't take it off market. Estate agent suprised they accepted it
    Estate agent knows mate has 30k to put down and is a 1st time buyer with mortgage in place by them
    Asks for HIP last Tuesday, they say they will send a link ? Nothing recived so yesterday so mate calls up, saying they will come in for it Today as they are in town. They put them on hold and 15 minutes later say "oh we don't have one, the property has been on market for so long it does not need one"

    They love the property and are in town so are going to call into the estate agents as they won't move forward with out a HIP, with out good and just reason.

    We know its illegal not to have one, but what good reason would they have for not having one, and if they have a reason what evidence should we ask for. If they do not have a reason is it worth going direct to trading standards, or giving them a chance to produce one ?

    As my mate does really like the flat etc, and is not willing to walk away just yet. But has now wasted 3 weeks with the estate agents and applied for mortgage etc. and appointed solicitor etc. in last week.
  • Not having a HIP isn't a disaster it just means that the buyer will haev to apy for the local search and a drainage search (if he or his solicitors really think a drainage search is important).

    May be the EA is not telling the truth about how long the place has been on the market - but is it really that important? You can try seeking a reduction equivalent to the cost of the searches. The seller is still legally obliged to supply an EPC - and your life really wouldn't be worth living without seeing one of them - with all the really useful information it contains (???), would it?
    RICHARD WEBSTER

    As a retired conveyancing solicitor I believe the information given in the post to be useful assuming any properties concerned are in England/Wales but I accept no liability for it.
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