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frenchie1980
Posts: 2 Newbie
HELP!!! I’m planning on selling my house and I’ve got some great info to help me beat the estate agents down on the price of their fees. I have looked but I cant find anything on this site about H.I.P’s. Some estate agents include them in with their fees, others sell them separately, and they are all priced differently. Is there a set price? Can I arrange to have my own H.I.P done? Any info or advice will be much appreciated. Thanks.
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Comments
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Hi I can help, and have PM'd you.
Pam0 -
frenchie1980 wrote: »HELP!!! I’m planning on selling my house and I’ve got some great info to help me beat the estate agents down on the price of their fees. I have looked but I cant find anything on this site about H.I.P’s. Some estate agents include them in with their fees, others sell them separately, and they are all priced differently. Is there a set price? Can I arrange to have my own H.I.P done? Any info or advice will be much appreciated. Thanks.
Try searching "HIP" there are lots of threads already.0 -
frenchie1980 wrote: »HELP!!! I’m planning on selling my house and I’ve got some great info to help me beat the estate agents down on the price of their fees. I have looked but I cant find anything on this site about H.I.P’s. Some estate agents include them in with their fees, others sell them separately, and they are all priced differently. Is there a set price? Can I arrange to have my own H.I.P done? Any info or advice will be much appreciated. Thanks.
You can have your own HIP done. Prices appear to be from about £200.
All you need to start marketing is the reference number you should get from your HIP provider which proves you have ordered a HIP.
I believe there is only one part of the HIP you can't do yourself and that is the EPC, but after you've payed for it and the searches etc. There doesn't seem much point in DIY.
http://www.direct.gov.uk/en/HomeAndCommunity/BuyingAndSellingYourHome/Homeinformationpacks/DG_171807
Will show you what's included in a pack.
Avoid having it linked in with either EA fees or conveyancing fees. There is bound to be a tie in or excessive fees somewhere. Read the small print!:think:0 -
Speak to your local solicitors to see what they can offer with HIPs. They may be more expensive than some of the on-line companies but they will be using the correct searches. Trading Standards recently investigated HIPs at a number of Birmingham EA's and found many contained the wrong the searches. Another advantage of paying for your own HIP, rather than one via an agent is that you own the HIP and if you change agents, there is no issue over ownership or what fees need to be paid to release you from the EA's contract.0
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Conveyancing charges to sell my modest £150,000 3 bed freehold semi from the company.
Legal Fees £525
Act for my lovely lender £115
TT fee £39 - (not presented as a legal fee.)
679 + VAT
= £797.83
Online you can get this for less than 400 inc VAT.
Locally you can expect to pay more (than £400), but you should also get local service.
Judge for yourself whether your HIP is free.
edit
Spammers offering free HIP deleted. Purpose was to show how much extra you have to pay for your conveyancing if it is tied to a free or bargain HIP.
/edit:think:0 -
Nice to see everyone chipping in to help the poster of a year old thread!0
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I saw the spam, it was posted 11 months ago. Was the same guy that's been spamming about HIPS today, found another post through his profile, didn't realise it was 11 months old, mistakenly bumped the thread by posting to report the spam, then deleting my post. Then everyone chipped in to help the OP!
My bad!0 -
No bad. Spam gone. Advice on boards. People (like me) probably don't notice the date/time stamp.
It's good that the old link is gone as Google gives lots of credit to sites that receive one way links.
:think:0
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