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HIPs Speed up the House Buying and Selling Process

03-10-2008 07:38 PM CET | Energy & Environment

Press release from: Firsthips Ltd.

In response to government concerns and scepticism within the industry, Firsthips has identified that an important ingredient in achieving a more efficient house buying and selling process is immediate access for buyers’ lawyers to HIP documents. In a recent internal survey Firsthips revealed that exchange times could be shortened by up to 10 days when the buyer’s lawyer has been able to access the HIP online through the Firsthips system. Firsthips also confirms that the speed and efficiency of the HIP assembly process is considerably improved when used in conjunction with secure communication between parties via the Firsthips integrated message centre.

Godstone, Surrey, 7th March 2008 – Amid recent government concerns, together with enduring scepticism within the property industry, Firsthips has identified that a more efficient house buying and selling process is achievable when buyers’ lawyers can access HIP documents upon instruction.

Firsthips also confirms that the speed and efficiency of the HIP assembly process is further improved thanks to the message centre, an integrated and secure tool facilitating easy communication between parties.

The availability of HIP documents to buyers’ lawyers upon instruction, coupled with an intuitive method of communication, has been shown to shorten the buying and selling process considerably.

Mr. Kellermann, Managing Director of Firsthips comments.

“This functionality represents the heart of the Firsthips ethos of improving the home buying and selling process by promoting a better flow of timely information. Early in the development stage we identified that the key to achieving this aim would be including buyers and their lawyers in the HIP process and enabling the lawyers access to the HIP as soon as they’re instructed.”

Luke Burton
Firsthips Ltd., Godstone Green, Godstone, Surrey RH9 8DZ (UK)
01883 744222

About Firsthips:
Firsthips Ltd. was established by leading software developers and property lawyers to create a unique online trading platform for estate agents and property lawyers providing Home Information Packs and e-conveyancing. Having identified and targeted the complete house-selling process from marketing to completion, Firsthips believes that it is the combination of HIPs and e-conveyancing that will ultimately achieve the goal of reducing the process time.

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