Is HIP required on private sale?

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • 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

                    Latest Activity

                    Collapse

                    • Toilet fan
                      Gep
                      Could anybody recommend a good extractor fan?

                      I'm looking for something great quality and long lasting. I don't care if it's pretty, super quiet, etc.
                      Something pretty common would be good as well so I'm sure any electrician will be able to fit it easily.

                      This is the...
                      19-07-2017, 10:04 AM
                    • Reply to Toilet fan
                      jpkeates
                      I have one of these in my bathroom - not silent, but quiet enough.
                      I've found that they vary from box to box, though....
                      Shop Silavent SDF100TBS Axial Extractor Fan with Backdraught Shutter & Timer. Free delivery and returns on eligible orders
                      21-07-2017, 09:13 AM
                    • What to look for in double glazing quotes
                      bowsden
                      Hello. I'm a new BtL landlord and have just bought an upper flat with two bedrooms, one in the attic. The conversion is very old and there is no paperwork associated with it. It has been let out for 30 years previously and is very tired, so I intend to freshen it up, put double glazing in and let it...
                      14-07-2017, 09:01 AM
                    • Reply to What to look for in double glazing quotes
                      MisterB
                      of course it matters who owns the windows as a matter of principle - if they fell out and injured someone, who holds the liability? chances of it happening ...... in reality, next to none. so in your case it seems it isn't an issue, but I have two flats in a block of LA flats. the lease states they...
                      18-07-2017, 20:05 PM
                    • Reply to What to look for in double glazing quotes
                      bowsden
                      In Newcastle and the surrounding parts, it is perfectly normal. It is not a flying freehold, it is a criss-cross arrangement most popularly associated with 'Tyneside Flats'....
                      18-07-2017, 08:22 AM
                    • Reply to What to look for in double glazing quotes
                      leaseholder64
                      A flying freehold doesn't seem to be a good position to be in for a residential flat.
                      17-07-2017, 10:39 AM
                    • mysterious dust
                      tatemono
                      We've got a family in a 3 bed mid-terrace 1930s brick and tile house and prior to them moving in a year ago, we did quite a bit of work on the property including remedying some damp issues (not major) a complete replaster and redecoration. It was mint when the family moved in.

                      A year...
                      22-03-2017, 14:28 PM
                    • Reply to mysterious dust
                      JK0
                      Of course, you only had the tops of the walls plastered?
                      17-07-2017, 09:44 AM
                    • Reply to mysterious dust
                      tatemono
                      Area has trees front and back so we get gutters done every year. The dust isn't just upstairs either. It's appeared to a lesser extent downstairs. The plaster is my bet. It was all done by the same plasterer and he was a different plasterer to the one we used for the other properties we've refurbished...
                      17-07-2017, 09:21 AM
                    • Reply to What to look for in double glazing quotes
                      bowsden
                      Hi. Thanks for the input. With these flats they are criss cross freeholder / leaseholder. The bottom flat has the freehold to the top one and I will own the freehold to the bottom one. So technically the bottom flat is responsible for looking after the bit that keeps up my flat and I am responsible...
                      16-07-2017, 18:25 PM
                    Working...
                    X