Mortgage customers 'will find Hips help with the sale'

08 April 2010

Written by Jeni Browne

Home Information Packs (Hips) have helped to speed up the purchase and sale of a home for mortgage customers, it has been suggested.

Many individuals working in the property sector agree that Hips have proven their worth, despite being confusing when they were first introduced, the Little House Company stated.

For example, within the pack are Energy Performance Certificates, which allow mortgage customers to see how energy efficient potential homes are.

Director of the Little House Company Nick Marr said the price of Hips has also dropped as more organisations offer the packs.

"The process and cost of a Hip is now highly optimised to the consumer's advantage, with providers getting lower prices for a Hip by the month. They are also quick with our average turnaround in three days," he added.

Buyers are now able to come to a more informed decision because of the information that Hips provide - many now ask to look at the pack before viewing a property.

Why not take a look at our best Buy to Let mortgages and make an enquiry online now.