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News
February 2008: HIPS UPDATE
Finally they're
here! Moore & Tibbits have now been preparing HIPS for several
months with ease and efficiency.
Why go anywhere
else?
We do not
charge for the preparation work of a HIP. You pay only
for the cost of the Searches and EPC (Energy Performance
Certificate).
February 2008: LASTING POWERS OF ATTORNEY
It is essential for
your family to look after your property and finances if your health
deteriorates.
We can help!
Contact John
Pike, Angela Woodruff or Sheila Wallington who will be pleased to
help on 01926 491181
October 2007: NO HIPS FEES
!!
From 10th
September this year all 3 & 4 Bedroom properties equie a HIP when
placed on the market for sale.
Before 1st
January 2008 marketing of a property can begin without a HIP
provided all of the required documents have been requested and are
expected to arrive within 28 days.
Moore & Tibbits
can not only provide you with an excellent service when selling
(or buying) but we also prepare the required HIP FREE OF CHARGE.
There is no catch
and there are no hidden costs for preparing the pack. There are 2
documents that are required by legislation to be in the HIP – The
Local Authority Search (@ £100) and the Energy Performance (EPC)
(@ £125 approx.)
THERE ARE NO
FURTHER COSTS PAYABLE FOR THE HIP
Call either Joy
or Kate now for details or any queries you may have.
March 2007: Powers of
Attorney
The law relating
to giving a person power to act on your behalf in your lifetime in
connection with your financial affairs is changing in October of
this year. If you do not have an Enduring Power of Attorney then
we suggest you contact us.
The Mental
Capacity Act 2005 will replace Enduring Powers of Attorney with
Lasting Powers of Attorney. There are advantages and disadvantages
to using a Lasting Power of Attorney. On the positive side it will
be possible to appoint Attorneys to act not only in relation to
finance and property, but also health, welfare and end of life
decisions.
On the negative
side they can only be used if they are registered with the Court
of Protection and they will be more complicated to prepare. As a
consequence the cost and expenses will inevitably increase.
Enduring Powers of Attorney are much more flexible and can be used
in many situations without the involvement of the Court of
Protection or the payment of additional fees.
If you do not
have an Enduring Power of Attorney then you need to contact us
urgently. After October you will not have the choice. You will
only be able to enter into a Lasting Power of Attorney.
September 2006: Home
Information Packs
The Government
has now decided that Home Information Packs will no longer be
compulsory from next year as was originally planned.
We feel that this
is a positive step and will help to maintain the healthy property
market that we are enjoying at present and have welcomed it as
"good news".
However, from
June next year, sellers will be obliged to provide a "half-hip".
This will include local searches, title deeds and an energy
performance certificate, which must be introduced under European
Law.
If more
information or advice is required please contact our Conveyancing
Department.
August 2006: HIPS Dry Run at M & T
The Home Information Pack
Regulations 2006 were laid before Parliament on the 14th June in
readiness for the scheme which comes into force June 2007.
A
Seller will have to have a Home Information Pack (HIP) in place
before their property can be marketed.
Moore & Tibbits will be
launching their own “dry run” of HIPS from Autumn 2006, well ahead
of the official launch date and will be fully able to supply a
pack at no extra cost to our clients.
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