News
HIPS SCRAPPED
Posted 19/05/2010
As from the 21st May 2010 HIPS are suspended for anyone selling their home in England and Wales.
The burden of paying for local searches and water and drainage searches will now fall on the buyers again as pre the HIP legislation.
The energy performance element of the HIP will remain and sellers will have to pay around £60.00 for the certificate which ranks the energy efficiency of their home. This must be produced by the seller within 28 days of putting their home on the market.
The government are expected to outlaw HIPS completely with new legislation shortly and increase the stamp duty limit to £250,000.00.
Archived News
2013
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16/01/2013 - Uk House sales set to rise
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24/01/2013 - Housing Market starting to recover
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03/03/2013 - Almost Half of the Properties sold since 2007 have been sold at a loss
2010
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24/01/2010 - CHEAP CONVEYANCING - BEWARE OF THE PITFALLS
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24/03/2010 - Stamp Duty Help for First Time Buyers
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19/05/2010 - HIPS SCRAPPED
I would just like to take this opportunity to recommend the conveyancing service of The Legal House to anyone who is buying or selling property. Your professionalism and efficiency were second to...
L Cruickshanks
Yorkshire
