The New Property Information Questionnaire (PIQ) for
HIPs
1st March
2009
The Property Information Questionnaire
(PIQ) will become a mandatory requirement alongside
the Home Information Pack (HIP) from April
2009 and will add further information and benefits to
the existing Home Information Pack
(HIP).
The PIQ has been designed in such a way that
it does not require professional assistance to be
completed, meaning the seller can complete these themselves. It
aims to provide the buyer with useful information about the
property.
It is proposed that the PIQ will
include:
The PIQ is not intended to replace the work
of conveyancers and other property professionals, which will
continue to be required as the transaction is finalised.
Instead it is intended that it will provide prospective buyers
with a simple summary of information to help inform their
decision to buy.
The HIP has been criticised at times for not
providing useful information to prospective home buyers. The
Property Information Questionnaire (PIQ) aims to provide
information that would be of great interest to someone
seriously considering an offer on a property.
Solomons Solicitors can produce a fixed
cost legally compliant HIP on your
behalf.
We are expert
Conveyancing Solicitors in Bournemouth
with solutions to all your Property problems.
Simply contact us
today on 01202 802
807.
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