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How important is the HIP

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Comments

  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    :T
    phlash wrote: »
    the hip is vital in aiding you to stabilise yourself, it will ensure you are able to move forward in a convenient and uninhibited manner.

    Love it! :T
  • phlash wrote: »
    Amy, ouch! Cut straight through me there :(

    You are of course right on all counts, I will curb my post lunch excitement in future, but when I saw the question I couldn't hip myself. ;)

    Sorry, got a sarcastic tongue in my head today :o I'm usually a lot nicer
    Scar tissue that I wish you saw, sarcastic mister know it all, close your eyes and I'll kiss you cause with the birds I'll share this lonely view.
  • Quote:
    Originally Posted by Nosht
    Basically an H.I.P. is the same as an MOT Certificate for a car, only relevant on the day of the test, many things can change from the test date & many things can change on a property.

    Regards,

    N.

    Except that a HIP is NOTHING like an MOT certificate because a HIP does not test the condition of a property, unlike an MOT which tests the condition of a car (shrugs shoulders)

    And the EPC which is the only thing vaguely to do with the condition of the property does not check whether e.g central heating is actually working. . It simply gives a rating for the particular type of boiler/installation not how well it works. The first EPC I ever had anything to do with was on a bungalow with an oil central system that we knew did not even make the radiators lukewarm - but it still got an "average" rating!
    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.
  • fraser
    fraser Posts: 277 Forumite
    House with no HIP - marketed before HIP legislation came in?

    Looked at a house and quite keen on it, I asked for the HIP and agent says that because it was marketed prior to HIP legislation came in there is no HIP and no requirement to get one (EPC is ion place)

    the home was with another agent, then switched to the one we are dealing with in Oct last year

    is the above right?
  • fraser wrote: »
    House with no HIP - marketed before HIP legislation came in?

    Looked at a house and quite keen on it, I asked for the HIP and agent says that because it was marketed prior to HIP legislation came in there is no HIP and no requirement to get one (EPC is ion place)

    the home was with another agent, then switched to the one we are dealing with in Oct last year

    is the above right?

    No, because the house sold last year, so it does require a HIP. You're right in your scenario though, just not for the OP.
    Scar tissue that I wish you saw, sarcastic mister know it all, close your eyes and I'll kiss you cause with the birds I'll share this lonely view.
  • fraser
    fraser Posts: 277 Forumite
    thanks - i found this link to be helpful

    http://www.houseweb.co.uk/house/sell/hips/
  • wessexw
    wessexw Posts: 224 Forumite
    So in my case with the HIP where the searches are a year old and the vendor is wrong, if I had an offer accepted on that property and I got as far as a soliciter and mortgage lender with that particular HIP, could it stop the sale from going through or else would the burden be on me to get updated searches?
  • You would probably have to pay for updated searches, but if acting for a buyer I would always ask the seller's solicitor if his client would pay for them - occasionally we are lucky in that respect!
    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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