Essentials of Home Information Pack (HIP)

   by Kirthy Shetty

If you are a home owner, and in future, conduct property lettings, you must have a valid Energy Performance Certificate when you plan to sell your home, or let your home. EPC for Landlords mirror the impact your property has on the environment. Better-rated homes should have less impact through carbon dioxide (CO2) emissions. Avail an Energy Performance Certificate quote for Landlord and improve your home's energy efficiency. It thus, saves you money and helps the environment. You are just a click away from your competitive quotes on EPC for landlords.

You can easily find out register of independent accredited EPC providers who are licensed to carry out EPC Surveys, a listing is provided below; you can select to find an EPC provider in your local area. If you have a good rating the energy efficiency of the property becomes higher resulting in low fuel bills. When energy consumption is reduced, expenses are bound to be less and this significantly benefits the climate too. Under such circumstances, more buyers are gaining interest in buying properties having decent energy performance ratings.

The preferred option, and potentially the most cost effective option for many homeowners are to instruct your own solicitor to prepare the Home Information Pack. In taking this option you benefit from "owning" your own HIP, and with this bring the opportunity to supply the HIP to whichever agent you decide to instruct. It is important to remember that private sales are also subject to the HIP legislation.

Why do you need an Energy Performance Certificate for commercial premises?
• The potential buyers and tenants will be able to get an impartial overview of the energy use and likely costs of the existing building.
• The commercial EPC will allow sellers and landlords to see areas where energy performance and efficiency could be improved within their property.

The EPC directive requires that when buildings are constructed, rented or sold out, an Energy Performance Certificate (EPC) is to be made available to the owner. Usually, the certificates are valid only till 10 years and not beyond that. These EPCs should make it possible to compare ratings with benchmarks. Online experts can deliver constructive analysis of your building's energy performance. Reach them, right away!

Two forms of recommendations offered by EPC to landlord experts are one which delivers immediate cost-efficiencies; and the other which can help improvements and achieve higher standards but are not necessarily cost-effective. The Energy Performance Certificate or EPC is a mandatory requirement in a HIP pack. Reach out to the experts online.

About the Author

Platinum author, Get all your tips related to Home Information Pack from: Home Information Pack
Get all your tips related to Landlord Insurance: Buy to Let Landlord Insurance

Landlord Property Services

   by Kirthy Shetty

If you are a home owner, and in future, conduct property lettings, you must have a valid Energy Performance Certificate when you plan to sell your home, or let your home. EPC for Landlords mirror the impact your property has on the environment. Better-rated homes should have less impact through carbon dioxide (CO2) emissions. Avail an Energy Performance Certificate quote for Landlord and improve your home's energy efficiency. It thus, saves you money and helps the environment. You are just a click away from your competitive quotes on EPC for landlords.

You can easily find out register of independent accredited EPC providers who are licensed to carry out EPC Surveys, a listing is provided below; you can select to find an EPC provider in your local area. If you have a good rating the energy efficiency of the property becomes higher resulting in low fuel bills. When energy consumption is reduced, expenses are bound to be less and this significantly benefits the climate too. Under such circumstances, more buyers are gaining interest in buying properties having decent energy performance ratings.

The preferred option, and potentially the most cost effective option for many homeowners are to instruct your own solicitor to prepare the Home Information Pack. In taking this option you benefit from "owning" your own HIP, and with this bring the opportunity to supply the HIP to whichever agent you decide to instruct. It is important to remember that private sales are also subject to the HIP legislation.

Why do you need an Energy Performance Certificate for commercial premises?
• The potential buyers and tenants will be able to get an impartial overview of the energy use and likely costs of the existing building.
• The commercial EPC will allow sellers and landlords to see areas where energy performance and efficiency could be improved within their property.

The EPC directive requires that when buildings are constructed, rented or sold out, an Energy Performance Certificate (EPC) is to be made available to the owner. Usually, the certificates are valid only till 10 years and not beyond that. These EPCs should make it possible to compare ratings with benchmarks. Online experts can deliver constructive analysis of your building's energy performance. Reach them, right away!

Two forms of recommendations offered by EPC to landlord experts are one which delivers immediate cost-efficiencies; and the other which can help improvements and achieve higher standards but are not necessarily cost-effective. The Energy Performance Certificate or EPC is a mandatory requirement in a HIP pack. Reach out to the experts online.

About the Author

Platinum author, Get all your tips related to landlord contents insurance guide from: Landlord Property Service
Get all your tips related to HIPs guide from: Home Information Pack

Reasons and Benefits of using an FHA Refinance

   by Frank Collins

If you are having trouble with your loan which may be a adjustable rate mortgage that will adjust soon or have a subprime loan, now is the optimal time to refinance into a fixed rate mortgage offered by FHA. This is a excellent solution with no gimmicks.

FHA Refinancing Benefits

If you currently own a home now and do not have a FHA loan, you may still be eligible to take get into a FHA refinance loan. These loans get approved even with lower credit scores.

Refinancing with Cash Back

This choice is available to borrowers who have a new or existing FHA loan. When a borrower selects refinancing with cash back, the maximum cash balance they can receive is up to ninety-five percent of the property's total value. The borrower can also choose to consolidate their first and second mortgages for one easier and more convenient payment. Moreover, if you have other bills they might also be consolidated. The income and credit guidelines are easier to qualify for on this government insured loan.

Rate and Term Mortgage Refinancing

A second option for refinancing occurs when a borrower who has an existing loan, which is not an FHA mortgage, can still receive refinancing by doing a rate and term refinance whereby they are not getting any cash back or consolidating debt. The loan amount maximum is even better at ninety-seven percent. The eligibility requirements are just as easy and they don't have to show their credit score. Furthermore, borrowers will get competitive rates even if you had a foreclosure three years ago or had a bankruptcy more than two years ago. It gets better too, the closing cost are capped by the FHA.

FHA Streamline Refinance

If you currently have an FHA loan, you can qualify for one of the best hassle free refinancing options on the market. FHA streamline refinancing offers borrowers a few no-cost options for the refinancing process. The documentation is extremely light. He borrower simply needs to provide a copy of the mortgage note and their most recent paystub. No appraisal and no bank statement are needed. This choice displays why it's beneficial for any borrower to get into a FHA loan.

FHA Secure Refinance

Due to the 2008 housing bill being passed this summer by congress, even if you have a recent mortgage late they can apply for a FHA secure refinance mortgage loan. People who are facing foreclosure are still eligible if they pass the tests, they will be in good shape again with a competitive interest rate.

About the Author

Frank Collins is an avid investor in real estate and contributor to FHA Jumbo Home Loan and a website to Find FHA Mortgage Rates and trusted lenders in your area.

Refinancing During Bailout

   by Susan Duey

Many homeowners are facing difficult time to get approved for mortgages. If you have an excellent credit there should not be a problem for you. If you have bad credit you may face difficult times to get approved. Also, your home value may have drop slightly or significantly during this year. So are you stuck?

Bailout plan was approved and signed into law where government will be buying directly bank stocks to help lending institutions. This however, should unlock lending so more banks can make loans. If you currently own a home, it will not make a huge difference in your home price, if any.

There are still many homes for sale that have been on the market for more than 120 days. Buyers are staying away of buying these homes because negative response on Wall Street led many 401K's and portfolios drop in value. Not many customers are able to afford down payment on a home of 20% and not many customers have a good credit. Those who do become pickier and try to negotiate even lower prices of homes.

If your neighbor home sold for even less that it was advertised, your home value will go down as well. If there is a foreclosure in your neighborhood, usually within 5 mile radius, your property value drops. This is tough time not only for homeowners as they have to sit and wait until property value increases but also for home buyers who are waiting to get qualified for loans or simply waiting out this financial storm.

Congress is making plans to purchase bank stocks directly and with this plan of $700 billion dollar bailout plan, it should prompt banks to start making loans to home buyers who have some bruises on their credit. Not necessarily bad credit. Nowadays, you need to have 660 credit score to qualify for a home, a year ago it was 620 score.

If banks will be more than willing to lower their requirements, we will see more buyers coning into market and buying lower priced homes. With this slowly we will see increase in home prices and therefore higher chances of refinancing your current home.

If you already have an equity and you need to get cash out, than, there is no problem for you to get what you need. But if you are upside down on your property, you will need to wait until financial crises gets better.

We will not see any significant increase in home prices even congress injects capital directly to banks. In fact, there might be drop of 10% - 20% next year and recovery should come early 2010.

If you are not sure what your property value is and even if you qualify, just apply online and see what your options are at this moment if cash is needed.

Financial crises continue and until we will see any positive results it may take your investments deeper down. If you are trying desperately to refinance and save your home, try to first work with your local bank. This would be the first step to negotiate better rate for your home or modify your current loan program. You can also try online companies to help you with your modification program.

There are many things ahead for our economy, and this difficult task of savings banks lends in hands of Congress with $700 billion plan. If this works, banks would be most likely working with homeowners to save their properties or even negotiate lower interest rates.

About the Author

Susan Duey represents RateTake Mortgage Loan marketplace. RateTake matches consumers with multiple lenders offering low mortgage rate quotes. RateTake also operates Debt Relief resource center.