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 Beware of sub standard Hips

Home Information Packs have failed to catch on with sellers because of the limited content and high cost. This situation will hardly be improved by a recent warning from the Department for Communities and Local Government that some HIP providers are not including the proper paper work.
Cases have appeared where HIP providers are inserting their own photocopies of key documents contained in the pack. The documents have related to property title, which according to HIP standards should be real copies obtained from the Land Registry.
The Law Society has warned that when arranging a HIP that some HIP providers do not understand or choose to bend the rules. Sellers and buyers are being short changed with sub standard HIPs that will quite rightly be thrown in the bin by the buyer’s solicitor.

 

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