HTB Equity Sale

Who should the client contact if planning to sale or staircase?

• The Estate Agent

• Their Solicitor/Licensed Conveyancer

• The relevant HTB Authority

• the Buyer

How much does the client need to repay when they sell their property?

• 20% of the sale price

• 20% of the market value

• 20% of which ever is the highest

• Don't know need to wait for redemption figure

How long is the valuation valid for?

• 60 days

• 1 month

• 6 months

• 3 months

Who should obtain the valuation report?

• The HTB Authority

• The solicitor/licensed conveyancer

• The client

• The agent

How much notice does the HTB Authority require in order to issue the Authority to complete?

• 5 working days

• 10 workings days

• 15 working days

• 1 working day

What must you check before your exchange contracts?

• That the valuation is on file

• That the valuation is valid to exchange

• That the valuation is valid to completion

Who sends the Form B Redemption letter on completion?

• MHMI

• The Service Centre

• The Conveyancer

• Post Completion