A 'no sale, no fee' home information pack has been launched almost a year before the packs are due to come into force.
Hip provider Spring Move has challenged the industry to match it offering and states it will only charge homeowners trying to sell their property if a sale is agreed. The offer will be open to homeowners buying Hips through estate agents and also those buying direct from Spring Move. Critics of Hips have focused on the issue of homeowners having to pay twice for a pack if their house fails to sell before it needs to be updated, but Springmove believes it will be able to produce the packs quickly enough and remains confident the housing market is stable enough that such problems are being ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes