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Update of Hips for home buyers

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  • Update of Hips for home buyers

    ERPS not HIPS to ease home-buying …

    ‘HIPs are history’ says Simply HIP’s www.simplyhip.co.uk managing director Ashley King, after declaring that HIPs were meant to deliver to consumers the ability to deliver a more informed decision, but never did.
    From 9 November, Simply HIP are upgrading their HIP orders to something more fit for purpose – an Exchange Ready Pack (ERP), which has been specifically designed to help a buyer’s conveyancer proceed more quickly with the transaction once an offer has been accepted by including some, if not all, of the legal information required to prepare a ‘solicitor’s contract pack’ at the start of the process.

    Just an update as HIPs are rumoured to finish soon...

    Callaways Estate and Letting Agents Brighton and Hove
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  • #2
    Re: Update of Hips for home buyers

    Why not include all the legal information needed? Otherwise, the pack cannot be "exchange ready"!
    This is based on my experience as a conveyancing solicitor in England, but I do not accept liability for information I give in this forum