HIP older than 6mths old. Problem?

HIP older than 6mths old. Problem?

Author
Discussion

matt21

Original Poster:

4,294 posts

206 months

Sunday 29th March 2009
quotequote all
Some advice folks...

I have bought a house which first went on sale in July. Therefore the HIP that was put together then is more than 6mths old.

Doesnt bother me (not sure if it should) but my mortgage lender now wants a further 250 quid to do further searches as its more than the 6mths old. I don't think I should pay this. Would be good to get my facts right before I complain so am I in the right??

B17NNS

18,506 posts

249 months

Sunday 29th March 2009
quotequote all
If the HIP is 2 days old your lender will still want to do their own searches (as should you via your solicitor).

Just one of the many reasons that HIPS are a complete waste of time and money.

mybrainhurts

90,809 posts

257 months

Monday 30th March 2009
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Why are the lender and solicitor interested in this rubbish...?

Thought it was just an energy efficiency thing...?

Edited by mybrainhurts on Monday 30th March 00:15

Grumpy old git

368 posts

189 months

Monday 30th March 2009
quotequote all
mybrainhurts said:
Why are the lender and solicitor interested in this rubbish...?

Thought it was just an energy efficiency thing...?

Edited by mybrainhurts on Monday 30th March 00:15
The EPC is the most useless part of a HIP; unless you need someone to tell you that a victorian house will be less energy efficent than a new build house, or that you could be more energy efficient by insulating your house and using low energy lightbulbs. HIP's also contain local and drainage searches which are valid for 6 months, and most HIP's contain searches carried out by private search companies (because they are cheaper); they are worse than useless, and mostly contain "we don't know" as their reply to some important questions. I believe the seller is obliged to provide up to date searches, and whilst they may argue the toss, in the current market I'd insist they provide up to date official searches done by the relevant local authority/water board.

mybrainhurts

90,809 posts

257 months

Monday 30th March 2009
quotequote all
oh...

FrankDrebbin

202 posts

185 months

Monday 30th March 2009
quotequote all
and to think that bint on the radio is trying to convince us her HiPs don't lie? Vagabonds, I tell thee!

Jasandjules

70,012 posts

231 months

Monday 30th March 2009
quotequote all
Isn't it the seller who has to ensure the HIP Is up to date therefore it should be the seller getting another waste of time HIP produced to give copies to your lender?

EdJ

1,294 posts

197 months

Monday 30th March 2009
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There must be so many people out there who want to test the market by putting their house on up for sale, but are put off by these blasted HIPs. I'm one of them. Everytime I think about it I have to try to think of something else because it annoys me so much. banghead

scotal

8,751 posts

281 months

Monday 30th March 2009
quotequote all
EdJ said:
There must be so many people out there who want to test the market by putting their house on up for sale, but are put off by these blasted HIPs. I'm one of them. Everytime I think about it I have to try to think of something else because it annoys me so much. banghead
You'll be apoplectic to know that they've just changed the rules on them then.
Prior to April you could makret a house without a hip as long as it had been commissioned.
As of April the hip has to have physically been produced.
so the housing market is stuttering and the fkwits just made it worse....

matt21

Original Poster:

4,294 posts

206 months

Monday 30th March 2009
quotequote all
going to complain to the solicitors tomorrow, no doubt it will be another bill for me rolleyes

ianash

3,274 posts

185 months

Monday 30th March 2009
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You just had to know that as soon as they bought in these bloody HIP's, the housing market would fall off a cliff. Well done Mrs Ed Balls-up aka Yvette Cooper.

Rob.

17,911 posts

220 months

Monday 30th March 2009
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I put my house on the market about 6 weeks ago and I agree that HIP`s are an absolute farce. When I tried to arrange the inspection the suggestion was made that I leave a house key with a neighbour so that they could get access. So, you expect me to let an absolute stranger who I have never met into my house without me there? Like fk. It was arranged for 3pm - they arrived at 4pm - I need`nt have left work early after all.
When it was done, I asked the guy who was carrying out the inspection what he thought: "I dunno mate, it`s all fed into a computer and that determines the energy efficiency". I asked what difference energy saving light bulbs made when he asked if a certain light fitting had one. For the inspection it mattered, the fact the next owner could replace them with non energy saving bulbs therefore making a mockery of the inspection did`nt matter. Unreal.

matt21

Original Poster:

4,294 posts

206 months

Friday 3rd April 2009
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Another fustrating situation!

They have said it is ME who has to pay as the HIP is over 6mths old. I totally disagree!


NDA

21,719 posts

227 months

Friday 3rd April 2009
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The vendor pays the for the HIP. I had thought they were valid for 12 months.....

As noted previously, a COMPLETE waste of money. I had to have a couple done recently, the 17th century cottage HIP document said:

1. recommend solar panels on roof. Saving £57 per annum.

That would look lovely. Should pay for itself in three and half thousand years.

2. Poor insulation (assumed)

'Assumed'?! WTF. Has great insulation, but the plank was only there for 3 minutes, so no time to check.

A real rip off, the whole thing.....

Highway Star

3,576 posts

233 months

Friday 3rd April 2009
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matt21 said:
Another fustrating situation!

They have said it is ME who has to pay as the HIP is over 6mths old. I totally disagree!
If you are buying, no way do you have to pay. It is the vendor who pays for the HIP.

Don't know who your mortgage company is, but as mentioned above, they still do their own searches anyway.

PGM

2,168 posts

251 months

Friday 3rd April 2009
quotequote all
The house we are purchasing stated that it was 250mm solid wall construction (which it is having been built in 1812).

One of the recommendations was to install cavity wall insulation and even gave a cost saving of £50 per year in heating bills!

NDA

21,719 posts

227 months

Friday 3rd April 2009
quotequote all
PGM said:
The house we are purchasing stated that it was 250mm solid wall construction (which it is having been built in 1812).

One of the recommendations was to install cavity wall insulation and even gave a cost saving of £50 per year in heating bills!
Feckin says it all.

It's the most ridiculous piece of legislation I know. It would be amusing if we didn't have to cough up hundreds on these stupid reports that neither seller or buyer wants or needs.