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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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FREE Property Advert
Selling or Letting? List Your Property FREE Now!
FREE eBook worth £47
How To Sell Or Let FASTER and Save £1000s!
Mortgage Help
Free Quote & Advice.
Remortgages, Adverse, CCJ, Equity Release.
Home Insurance
Compare Buildings and Contents Insurance. Get a Quote Now!
LATEST NEWS
Negative equity threat to buy-to-let
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London to benefit from 50,000 new homes
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British Land sees portfolio drop 11%
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Housing transactions rise for second month
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Property in Edinburgh falls 11%
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Glut of properties to rent drives down prices
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Asking prices down but still optimistic
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Top new London homes tumbling
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London homes to be on the rise
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Appropriate prices vital in London
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Tracker mortgage homeowners in for big shock
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Lower rates attractin buyers back to market
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House sales continue to fall
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