Is HIP required on private sale?

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    Is HIP required on private sale?

    Would I still have to have, a HIP, if I sell Privately or to Family?

    Many Thanks

    #2
    A HIP will only be required prior to a property being advertised for sale.

    You will still require a HIP if you sell the property privately ( if it is being advertised ) if however someone approaches you direct and asks to buy your property, then a HIP will not be required.

    A HIP is also not required for a tenanted property.


    Two HIP's are required for walking or running! For which you can be charged double.

    Comment


      #3
      This is not really a Rental Property query anyway- better on Conveyancing Forum.
      JEFFREY SHAW, solicitor [and Topic Expert], Nether Edge Law*
      1. Public advice is believed accurate, but I accept no legal responsibility except to direct-paying private clients.
      2. Telephone advice: see http://www.landlordzone.co.uk/forums/showthread.php?t=34638.
      3. For paid advice about conveyancing/leaseholds/L&T, contact me* and become a private client.
      4. *- Contact info: click on my name (blue-highlight link).

      Comment


        #4
        Originally posted by Colincbayley View Post
        A HIP will only be required prior to a property being advertised for sale.

        You will still require a HIP if you sell the property privately ( if it is being advertised ) if however someone approaches you direct and asks to buy your property, then a HIP will not be required.

        A HIP is also not required for a tenanted property.


        Two HIP's are required for walking or running! For which you can be charged double.
        You also need two feet- any more and it becomes a yard.
        JEFFREY SHAW, solicitor [and Topic Expert], Nether Edge Law*
        1. Public advice is believed accurate, but I accept no legal responsibility except to direct-paying private clients.
        2. Telephone advice: see http://www.landlordzone.co.uk/forums/showthread.php?t=34638.
        3. For paid advice about conveyancing/leaseholds/L&T, contact me* and become a private client.
        4. *- Contact info: click on my name (blue-highlight link).

        Comment


          #5
          Originally posted by jeffrey View Post
          This is not really a Rental Property query anyway- better on Conveyancing Forum.
          No anyone post's on there anyway, apart from you...so what the point?

          But don't get me wrong Jeffrey, you're ace!!!

          Comment


            #6
            Originally posted by Uncle Fester View Post
            No anyone post's on there anyway, apart from you...so what the point?

            But don't get me wrong Jeffrey, you're ace!!!
            Reason: because it's about Conveyancing.
            JEFFREY SHAW, solicitor [and Topic Expert], Nether Edge Law*
            1. Public advice is believed accurate, but I accept no legal responsibility except to direct-paying private clients.
            2. Telephone advice: see http://www.landlordzone.co.uk/forums/showthread.php?t=34638.
            3. For paid advice about conveyancing/leaseholds/L&T, contact me* and become a private client.
            4. *- Contact info: click on my name (blue-highlight link).

            Comment


              #7
              sorry to continue this thread on here but why is a HIP not required for tenanted property??

              thanks.

              Comment


                #8
                Originally posted by Poppy35 View Post
                sorry to continue this thread on here but why is a HIP not required for tenanted property??

                thanks.
                Don't know the reason. But if you sell a property with a sitting tenant to another landlord then a HIP is not required.

                Comment


                  #9
                  thanks for that. Something to tell my clients when they all decide to sell!!

                  Comment


                    #10
                    "No HIP if subject to an existing tenancy" rule is in s.160(1) of 2004 Act.
                    JEFFREY SHAW, solicitor [and Topic Expert], Nether Edge Law*
                    1. Public advice is believed accurate, but I accept no legal responsibility except to direct-paying private clients.
                    2. Telephone advice: see http://www.landlordzone.co.uk/forums/showthread.php?t=34638.
                    3. For paid advice about conveyancing/leaseholds/L&T, contact me* and become a private client.
                    4. *- Contact info: click on my name (blue-highlight link).

                    Comment

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