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HIP Providers

 

HIP Providers


A Home Information Pack Provider (HIP Provider) is a company who can supply a HIP to comply with the Home Information Pack Regulations. They could be a company dedicated to providing HIPS or part of a Conveyancing Solicitors

Buying a HIP from a HIP Provider is normally the cheapest option. HIP providers either sell their HIPS to Estate Agents who then re-sell them to sellers, or HIP providers sell direct to home sellers which save the agents commission.

Also, when the seller buys their HIP direct from the HIP Provider, the seller owns the HIP and can use it with any agent, multi agents, or for privately selling their home. If the seller buys their HIP from the Estate Agent, they will probably be unable to use it with another Estate Agent.

How To Choose a HIP Provider



As Home Information Packs are new, many new companies have appeared selling HIPS. Some of these companies are good while others have little experience and simply try to undercut the other HIP Providers by price.

Our top questions to ask a HIP Provider are:

  • How long have they been trading? (Houseladder has been trading since 2003)
  • Are they VAT registered? If not then they are a new company. (Houseladder is VAT registered GB 837 1127 38)
  • Do they have a telephone number? (Phone Houseladder on 0845 226 2467)
  • Do they have a real postal address not a P.O number? (Houseladder Ltd, Unit 108, 61 Victoria Road, Surbiton, KT6 4JX)

Further Reading


Buy your HIP from your Estate Agent
The pros and cons and why this could be the most expensive option.

Buy your HIP from a Conveyancing Solicitor
Why is route could offer other advantages.

Create and compile your own HIP
Is it possible? We show you how.



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