The benefits of HIPs

The current home buying and selling process is slow, expensive and can often result in failure and disappointment. HIPs are being introduced to improve the effectiveness and efficiency of the home buying and selling process as well as to reduce carbon emissions from our homes. But why do we need them? 

Some facts 

  • On average it takes more than 6.5 months from marketing a property to completion of the sale
  • 1 in 4 transactions takes 9 months or longer
  • It takes 10 days longer than in 1998 to move from offer agreed to exchange of contract - 81 days
  • 23% of buyers experienced at least one failed transaction
  • If a transaction fails as a sufficiently late stage between offer and exchange, wasted costs to the buyer are typically over £1,000!
  • 27% of the UK's carbon emissions come from our homes!
  • The average home owner could save around £300 in fuel bills by making their home more energy efficient!

By restructuring the current process with the introduction of HIPs, many of these problems will be reduced.

HIPs will 

  • give everyone a clearer picture up front
  • ensure that sellers are serious before they put their house on the market
  • reduce transaction times
  • reduce costs in the home buying process
  • make the process smoother, less stressful and less confusing for all 
  • improve awareness of energy efficiency and help tackle climate change

The MoveMachine HIP

MoveMachine offers a quality, value for money and efficient HIP, which allows you freedom to work with your chosen local estate agent. You can rest assured that your MoveMachine HIP is entirely reputable. We are fully signed up to the Government HIP code of practice.

Additionally with the stringent quality controls that we have put in place you are guaranteed a HIP which is timely, accurate and reputable. What’s more, we have developed unique technology, allowing our HIP partners to operate seamlessly.



Figures from HIPs baseline research conducted by the Building Research Establishment and Ipsos MORI the Building Research Establishment and Ipsos MORI in summer 2006.

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