Hips

wecanhelpu

Gorgeous_George wrote: »

The ideal behind the HIP is a noble one. It just won't work. Buyers and their solicitors will want their own surveys/reports. Anything funded by the vendor will be looked at with some scepticism.:)GG

I can't see that in the long run the HCR / HIP will appear skewed towards the vendor... After all, the owner of a car pays for his Mot certificate, and you wouldn't buy a car without one, would you?

To carry on the analogy, there are organizations out there (The AA, etc) that will, for £100 or so, inspect your prospective car from top to bottom giving you a full report of its condition, but how many buyers use that?
How many buyers rely on the good old Mot, which is paid for by the vendor?

Does anyone suggest that because the owner of the car pays the Mot station that the inspector will actually listen to what the owner wants the certificate to say and act on it?

Look at the HCR/HIP as an Mot for your house... The AA inspection is the home buyers report or structural survey.

Jennifer_Jane

wecanhelpu wrote: »

I can't see that in the long run the HCR / HIP will appear skewed towards the vendor... After all, the owner of a car pays for his Mot certificate, and you wouldn't buy a car without one, would you?

If I lived in a country that did not have MOTs for cars, I would still buy a car there. The MOT is valid for a year. HIPs are only valid for 3 months and do not pronounce the house value for money (no survey). A car sells in how many days? Houses can be on the market for many months if not years.

The best way to go forward would be to have a binding agreement from offer, subject to survey/searches etc - but binding from then/deposit paid, that is the only way to stop gazumping and speed up the process. Follow Canada, Sweden, South Africa, and whatever other countries have this system.

JJ

Suzy_M

Not that I am planning to sell in the foreseeable future but I would like to see HIP providers justify the cost.

Having looked at what has to be included in the pack we would be in a position to provide much of the documentation ourselves. So as a HIP provider how would you allow for this in the cost to seller.

david29dpo

Suzy_M wrote: »

Not that I am planning to sell in the foreseeable future but I would like to see HIP providers justify the cost.

Having looked at what has to be included in the pack we would be in a position to provide much of the documentation ourselves. So as a HIP provider how would you allow for this in the cost to seller.

good point. other than the epc, you can put a pack together yourself. the costs will be be about £100 or so for the searches and titles plus your printing etc. the lowest i have seen so far for a pack is £299 but these are with unofficial searches and titles, which are a bit cheaper to get but most lenders and solicitors will not except them. just getting a epc is about £100.

Gorgeous_George

The proof will be in the pudding.Damp 'experts' stick a two-bob gizmo on the wall, detect a little bit of condensation, and declare the wall damp.

Energy Performance? Show me the gas/electric usage over the past two years - that'll do me nicely.

BTW, accept/except? We know what you mean but this could be really important in a survey report.



GG

david29dpo

yes my spelling is crap. but no survey report in the hips, yet.