Avoid HIPS
There is a way of selling your home quickly without having to apply and wait for your HIPS report. A paragraph in the terms of Home Information Packs, states that private sales of properties will be exempt from having to acquire HIPS.
This means, there are substantial benefits for companies who specialise in buying house for cash. One director of one of the leading house buying companies in the UK reported,
"For once, new government legislation has actually worked in our favour."
So, you can avoid HIPS by selling directly to property buyers. As long as you have not put your house on the market, then you DO NOT NEED HIPS.
The higher end, more respected cash buyers, often usually offer to pay all costs, and can offer you a quick sale within three to five working days.
Using these types of companies is likely to save you a fortune in mortgage payments. If you average that your HIPS will take four to six months to materialise, then you have to sell, on average four months, that eight months mortgage repayments you will save on.
You will also save the full cost of the HIPS, estimated to be in the region of £400.00 to £1000.00
Fast track buyers also take care of the survey and valuation cost, saving you a further £500.00
Quality companies even take care of legalities and solicitors costs again saving you a further £500.00 to a £1000.00
If you also work out that the typical estate agent charges around 2.5 to 3.0 percent commission, not only does the 'trade offer' made by sell quick companies look very attractive, they actual time they take to complete, usually less than five working days really tips the balance in their favour.
You could have a totally fee free sale, within five days. It sounds quick, it is.
A further service offered by legitimate private house buying firms is something called a sell and rent back option. This enables you to have all the benefits of a quick house sale, without having to move out. You simply rent back your home, short or long term.
If you have not purchased a Home Information Pack and would like a quick sale and to avoid HIPS, then feel free to visit QuickandEasyHouseSales.co.uk
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