Moving home terms you may not be aware of
When buying or selling your home for the first time, lack of experience of the procedures or hearing terms you are not aware of may lead to confusion and can be quite frustrating. Therefore this guide is here to help with common moving home terms you may come across throughout the moving process.
• Chartered surveyors are experienced property professionals who are highly trained in their area of practice to offer specialist advice on your property related issues. They also have duties to value property and search for structural defects in buildings.
• HIP’s are home information packs containing a set of documents for you. These include a statement to summarise the terms of sale, an energy performance certificate, a copy of lease, information on service charges, a new homes warranty and any other documents appropriate to your circumstances.
• EPC is the Energy Performance Certificate is a document of which provides information on the properties’ energy efficiency, energy use and all recommendations for how to improve the energy efficiency. It usually rates a performance scale from A to G (A being very efficient and G least efficient)
• Housing conveyancer’s are the legal professionals specialising in house convgeyancing similar to that of what is dealt by a solicitor. Always make sure they have been trained by the Council of Licensed conveyancers.
• Standard Coverage is something which removal companies by law must provide for their customers. This is a minimum amount of free coverage referring to the amount you will receive if your goods are damaged in the process of moving house.
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