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Spring Move to offer no sale no fee Hip

Spring Move is to offer a no sale no fee Hip and is challenging the rest of the industry to match its move.
The Hip provider says it will only charge for its specialist Hip if a sale is agreed to counter criticism of the fact homeowners may have to pay twice for a Hip if their house fails to sell before the pack needs to be updated.
The offer will be open to homeowners buying Hips through estate agents as well as directly through Spring Move.
Spring Move chief executive Stephen Foden says: Hips will go a long way to reducing the stress and misery involved in homebuying and selling. However, people should not be forced to pay twice for a Hip if their sale does not go through for reasons which will often be beyond their control.
We believe a no sale no fee offer is simple fairness. The industry needs to work together to do all it can to make homebuying and selling easier and should not be seeking to profiteer. A no sale, no fee offer helps to achieve that.

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