Mortgages. Big Changes In The Buying And Selling Of Houses.

Mortgages. Big Changes In The Buying And Selling Of Houses.

Published on: 18/07/2024

Starting June 1, 2007, anyone selling a house must prepare a Home Information Pack (HIP). Failure to do so could result in a £200 fine. Estate agents will require the HIP before listing your property, and buyers' solicitors will not proceed without it. The HIP includes an Energy Performance Certificate, sale statements, standard searches, and evidence of title. To avoid delays and fines, ensure you prepare the HIP as soon as you decide to sell.

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5559 S Sossaman Rd Bldg #1 Ste #101 Mesa, AZ 85212

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NMLS# 1660690 | 3100 W Ray Road #201 Office #209 Chandler, AZ 85226

NEXA Mortgage LLC is an Equal Housing Lender

Notice To Texas Loan Applicants: Consumers wishing to file a complaint against a mortgage banker, or a licensed mortgage banker residential mortgage loan originator, should complete and send a complaint form to the Texas Department of Savings and Mortgage Lending, 2601 North Lamar, Suite 201, Austin, TX 78705. Complaint forms and instructions may be obtained from the department’s website at www.sml.texas.gov.

A toll-free consumer hotline is available at 1-877-276-5550. The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed mortgage banker residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department’s website at www.sml.texas.gov