There are few situations where a HIP can be avoided but one of them is to sell a property privately. That is to say that the property is not marketed publicly.

 

Public sale means any of these conditions

• The property has a for sale sign or other notice indicating it is for sale
• The property is being marketed by an estate agent
• The property is being marketed online (with or without an estate agent)
• The property is being advertised in local papers (with or without an estate agent)

 

To avoid a HIP and all the paperwork and cost it brings, the property has to be sold privately. This would include sales to family and friends and private investors.

 

A private investor would include cash buyers who can complete a sale very quickly.

 

Additional Reading:

Using a quick sale agent and avoid a HIP