Lifetime mortgages are also known as Roll Up Mortgages and are loans that use the home of the borrowers as security. Lenders will usually offer the homeowner a lump sum of cash or the ability to receive some amount of income on a monthly basis, or a combination of the two. The value of the [...]

The ‘Home Information Pack System’ (HIPS) was designed to limit the number of property sales falling thorough by ensuring that the seller provides a comprehensive packaging of information with regards to the property in question. The HIPS pack consisted of several documents, including an Energy Performance Certificate (EPC), standard searches, Home Condition Report and sustainability [...]