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HIPS - has anyone organised their own?

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Comments

  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    timmyt wrote: »
    its a legal pack, so use someone who is legally trained....surely. why go cheap, no need to pay more than £300 all in, and cost price is virtually £200

    I see so many bad hips done by outfits who specialise in them, and lawyers, so your chances are 50/50.

    Not very logical! You recommend using 'someone who is legally trained' and then go on to say 'so many bad hips done by ..... lawyers'.

    If 50/50 is the best lawyers can do, I'd DIY!

    Having said that I agree it's not actually worth DIY financially. The DIY price is so nearly the same as the online providers you might as well save yourself the hastle. And let's face it, although a legal rqmt HIPs are largely a waste of time. Few people rely on them, surveys are excluded, searches are often out of date........
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    david29dpo wrote: »
    A freehold, registered house is fairly easy. In my area it will cost £95 for the local land changes, £43 for the water search, £50 ish for the EPC and £8 for official Land reg documents. You can get the index, PIQ and sale statement forms from the gov site.

    About £200. Sounds about right. No idea how vbt did it for £97!!

    DIYers should beware downloading Title and Plan from the Land Registry. Only LR account-holders can do this. The electronic copy available to us 'plebs' is not an Official Copy and does not meet the HIP requirements. Using this would be a risk as non-compliant....
  • david29dpo
    david29dpo Posts: 3,986 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I know! Look at some of the online providers, Non official titles!!
  • timmyt
    timmyt Posts: 1,628 Forumite
    G_M wrote: »
    Not very logical! You recommend using 'someone who is legally trained' and then go on to say 'so many bad hips done by ..... lawyers'.

    If 50/50 is the best lawyers can do, I'd DIY!

    Having said that I agree it's not actually worth DIY financially. The DIY price is so nearly the same as the online providers you might as well save yourself the hastle. And let's face it, although a legal rqmt HIPs are largely a waste of time. Few people rely on them, surveys are excluded, searches are often out of date........


    use a local lawyer, they are the best at them.

    as for their use, if the searches are all in date, and no chain, you can do a very fast deal. I do quite often.
    My posts are just my opinions and are not offered as legal advice - though I consider them darn fine opinions none the less.:cool2:

    My bad spelling...well I rush type these opinions on my own time, so sorry, but they are free.:o
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    There's nothing magical about 'local lawyers', as several other posters and myself keep saying.

    Some are, indeed, excellent. Some are absolute rubbish.

    The same is true of the regional companies with offices in neighbouring towns, and the national chains, and indeed the online conveyancing companies.

    Some are excellent. Some are absolute rubbish.

    You, as a 'local lawyer', are biaised in their favour. Now why would that be?
  • timmyt
    timmyt Posts: 1,628 Forumite
    G_M wrote: »
    There's nothing magical about 'local lawyers', as several other posters and myself keep saying.

    Some are, indeed, excellent. Some are absolute rubbish.

    The same is true of the regional companies with offices in neighbouring towns, and the national chains, and indeed the online conveyancing companies.

    Some are excellent. Some are absolute rubbish.

    You, as a 'local lawyer', are biaised in their favour. Now why would that be?


    I see 1000 conveyancing deals a year via my Team, and factory outfits are the ones that consistently pop up and slow us down. Low price, low service, dial 1 for monkety dial 2 for chump, 'let me look what the computer says', blah blah blah.

    Make sure you always have just the one conveyancer start to finish. A make sure it is someone qualified, ideally a solicitor, legal exec, licensed conveyancer or senior executive.

    I don't care myself from a business point of view, as the mess the factories can make earns us extra fees when we have to unscamble it, but if OP and others want to avoid a mistake, use local solicitors.

    I would recommend my friends and family to local solicitors, so certianly the general public. They have a reputation that quantity or a chain of offices cannot protect them from.

    but go cheap and use a factory, I look forward to answering your post about how it may have gone wrong.
    My posts are just my opinions and are not offered as legal advice - though I consider them darn fine opinions none the less.:cool2:

    My bad spelling...well I rush type these opinions on my own time, so sorry, but they are free.:o
  • but go cheap and use a factory, I look forward to answering your post about how it may have gone wrong.

    Or use a factory that's not so cheap - even more clever - 0ne National Estate agency chain recommends a conveyancing outfit whose fees are not low at all and where apparently they accept that 4% of incoming post gets lost and doesn't get scanned in!
    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.
  • MissMotivation
    MissMotivation Posts: 1,751 Forumite
    Or use a factory that's not so cheap - even more clever - 0ne National Estate agency chain recommends a conveyancing outfit whose fees are not low at all and where apparently they accept that 4% of incoming post gets lost and doesn't get scanned in!

    Would that be my favourite Cardiff based conveyancing firm :think:
    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!
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