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- HIPS
What is a Home Information Pack?
All sales of west country property now need a Home Information Pack. A Pack contains the key information about a property, such as an Energy Performance Certificate, standard searches and evidence of title. The new system has been introduced by the Government to help simplfy and speed up the property sales process, and it is now a requirement to have a Pack completed before a house can be put on the market for sale.
- Who compiles the pack?
- Whoever is marketing the property is responsible for ensuring a valid Pack is available. Sellers have a number of options; they can compile ... Read more
- Compulsory Documents
- The following are needed for every home that requires a Home Information Pack: An Index An Energy Performance Certificate (EPC) ... Read more
- What is an Energy Performance Certificate?
- Energy Performance Certificates highlight how energy efficient a property is by giving it a rating from A–G, where A is the most energ... Read more
- How will the Seller benefit from it?
- The Energy Performance Certificate will identify cost effective improvements to reduce fuel bills and make the property a more attractive pr... Read more
- Why should sellers trust the Energy Assessment?
- All Domestic Energy Assessors must be members of an Accreditation Scheme set up to ensure that their work can be trusted by sellers, buyers ... Read more
- At what stage can marketing of the property begin?
- Before 6 April 2009 HIP documents needed to be ordered and paid for before marketing could begin but did not have to have been... Read more
- When will sellers not need a pack?
- Packs are not required for properties that are: unsafe and not fit for human occupation due to be demolished sold without v... Read more
- How long will packs be valid?
- The Evidence of title and the searches cannot be over three months old when a property is first marketed. Energy Performance Certificates ... Read more
- What happens if sellers take their property off the market?
- If a seller takes a property off the market and then puts it back on, the same Pack can be used, provided remarketing starts within a year o... Read more
- How much will packs cost sellers?
- The average cost will be from £299 plus VAT, including the Energy Performance Certificate. It will also depend on which optional docum... Read more
- When and how should sellers involve their legal representative?
- Sellers can choose to ask their solicitor or licensed conveyancer to compile the Pack for them, in which case they will already be familiar ... Read more
