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HIPs - Important checks
Information in the HIP will be relied on by potential buyers and could have an important bearing on the asking price and the way the property is marketed for sale. Before the property is put on the market sellers should always:
• Check that the HIP is accurate to the best of their knowledge. If the seller has reason to believe that it contains inaccurate information then the seller should draw this to the attention of the HIP provider and the estate agent as quickly as possible.
• If the HIP reveals potential problems (for example work carried out without planning consent or problems with ownership title), Oxley & Coward will take steps to rectify the defects upon receiving specific instructions from the client.
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