Meet the Other Phone. Child-safe in minutes.

Meet the Other Phone.
Child-safe in minutes.

Buy now

Please or to access all these features

Property/DIY

Join our Property forum for renovation, DIY, and house selling advice.

Hipps - Do I need one?

4 replies

DRAGON30 · 12/03/2009 16:22

My father died recently, and left his house to my brother and I. A family in the same road is very keen to buy it, and has offered £250,000, which we are v.happy with.
Do I need to get a Hipp made up? Most of the info I've looked at says it has to be done before the property is marketed, which does not apply here.
I'm not trying to be dodgy, by the way, I just don't want to do the wrong thing.

OP posts:
ShyTalk · 12/03/2009 22:03

Hi, sorry to hear about your father. Re the inheritance house - a private buyer will save you a lot of estate agent fees, and as long as the sale did not result from "marketing" then you do not need a HIP. However, if you did "market" the house in any way, ie sale board, adverts etc, then a HIP would be needed, even if the eventual sale was not as a result of this. It does sound, however, as if a neighbour of your late father just heard of his death and decided to offer on the house? If this is the case, then no HIP is required.
Hope this helps in a difficult time.

DRAGON30 · 12/03/2009 22:48

Thanks very much, shytalk. The neighbour just put a (nice!)note through the door, had a look around, and made the offer. So no HIPS, which is great, and one less thing to deal with.

OP posts:
madeindevon2 · 13/03/2009 13:54

i recently sold my house to a neighbour (no marketing, estate agent etc) and my solicitor told me i HAD to get a hip done.
have i been misadvised!?

DRAGON30 · 13/03/2009 14:18

MID2, I've just found this -
www.direct.gov.uk/en/HomeAndCommunity/BuyingAndSellingYourHome/Homeinformationpacks/DG_171 802
This states you do NOT need a Hipp if there is no marketing involved! Our buyer approached us, and the house was not on the market (not even cleared out), so I am really confused about what to do now!
I think I will ask a couple of solicitors, cite the government guidelines, and see what they say. Looks like it could be a very 'grey' area indeed!

OP posts:
New posts on this thread. Refresh page
Swipe left for the next trending thread