ContractorMoney

Independent Financial Advisors for IT Contractors

HIP Changes

Published on 27th April 2009

The laws surrounding Home Information Packs (HIP) changed on 6th April 2009.

Unfortunately, for as long as we have a Labour government, it seems certain that HIPs are here to stay and there have been a number of changes made to the legislation surrounding them. From April 6th 2009 all vendors must have a HIP in place before you market a property in order for potential buyers to have access to the information straight away.

It is now a requirement that all HIPs include a Property Information Questionnaire (PIQ) which will provide information on gas and electricity safety, flood risk, service charges, parking and any structural damage. The idea is that potential buyers will be able to make more informed decisions to buy and are therefore less likely to pull out at a later stage. This form is available to download from our website, simply fill it in and add it your HIP for potential buyers.

At ContractorFinancials we recognise that HIPs are a necessary evil for sellers and for that reason we have teamed up with an award winning HIP provider to offer Contractors value for money and a hassle free HIP. The great news is that we are also able to offer a further £50 off the price of your HIP if you book your conveyance survey at the same time.

News and Articles

Death of the self cert mortgages
With lending criteria becoming tougher by the day, it was only a matter of time before lenders started to pull out of the more risky products including Self-certification mortgages...
The dark truth behind unemployment cover for contract workers!
In these uncertain times, Contractors are increasingly drawn to insurance policies that offer the promise of a safety net in times of unemployment...
Opportunities in the current investment markets
With interest rates at an all time low, it is more important than ever to consider investing your savings rather than leaving them to gather dust in a high street savings account...

Testimonials

  • The whole process was so quick and easy with no worries...

    Steve Birchall

  • I would have no hesitation in recommending your company to others...

    Nick Williams
More testimonials

Design by Blue Egg Web Agency

Please Note: Financial advice on these pages is given by ContractorMoney, which is a trading name of Contractor Financials Ltd and is regulated and authorised by the Financial Services Authority.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Click here for Important Legal Information which should be read. Click here for a copy of our Private Client Agreement. Click here for a copy of our Initial Disclosure Document.

All rights reserved and E & OE.