The Wharf: Home Front – March 26, 2009

Important changes to HIPS from April 6 2009

As you may or may not be aware the rules are changing regarding Hips from the 6th April 2009, the main changes are:

1. The ending of temporary ‘First Day Marketing’ (FDM) rules, which allow homes to be marketed without a HIP providing a commitment, is made to get one within 28 days.

2. The inclusion of the PIQ in the pack.

The change to first day marketing means you will need to have the documents listed below in order to market the property, we expect most HIPS providers to be able to deliver these documents within 2-5 working days.

The main obstacle to First Day Marketing will be the sellers speed in completing the PIQ – The Property Information Questionnaire. Minimum documents required to market a property are;

index
the new Property Information Questionnaire (PIQ)
Energy Performance Certificate (EPC) or a Predicted Energy Assessment (PEA)
sustainability information (for new homes inEnglandonly)
sale statement
evidence of title

If you are in any doubt or need any further information or clarification regarding these new regulations, speak to your estate agent who will be more than happy to advise.

“I have known Dawn in a professional capacity for a very long time, as we used to work together for a number of years. She has a comprehensive knowledge of the Docklands real estate market, but this is not her strongest point. What makes Dawn stand out as an agent is the effort she puts into every deal, the relationships she builds with everyone and the passion she has for what she does. Dawn and Gabriella have been managing my investment property for more than 3 years. I now live overseas and I feel so comfortable knowing they are really looking after my interest, whilst at the same time always being fair and transparent with the tenants. Nothing is big enough job for those ladies and everytime I say ‘thank you – I am so grateful for what you do’, the reply is ‘It’s my job’. I really cannot recommend this wonderful team enough!”

Daniela WeatherillOverseas Landlord

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Amy Facey

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Neil Chinniah

“The Dawn Sandoval Residential team took the time to properly understand what I was looking for. At every stage of the process, I knew they were doing their best for me and valued me as a customer. I have no hesitation in recommending their services in the highest possible terms.”

Andrew Simmonds – Management Consultant

“Dawn Sandoval Residential offer a real personal service. Their response rates are excellent, and we have a sense that they care about our tenants and properties. We cannot recommend them highly enough.”

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David & Ginette Marks