A Home Information Pack (HIP) will be a legal requirement for anyone wishing to sell a propoerty from the 14th December 2007. The cost and provision of the pack will be the sellers responsibility.

You will also need to provide an Energy Performance Certificate (EPC), which will be included with the HIP.

What is in a Home Information Pack (HIP)?

As legislation currently stands the following information is included.

Index - Should list all document's included in the pack as well as any missing documents that are to be included later.
Sale Statement - A brief statement of the property being sold.
Land Registry Title & Plan - An up to date official record of who owns the land.
Energy Performance Certificate
Copy of the New Homes Warranty - Applicable for new builds or converted property.
Local Authority Searches
Drainage & Water Searches
Additional documents for leasehold properties - including copy of lease and landlords details.

Energy Performance Certificates are valid for 12 months.

Why is the government introducing HIPs?

The government is introducing HIPs as part of wider reforms to cut carbon emissions from homes and improve home buying and selling.

The purpose of the pack is to provide customers with better information early in the process to improve the speed and continuity of transactions and reduce wasted costs.

The Peter Reglar & Company Solution

From the 14th December 2007 it is imperative that homeowners carefully research the market, not only to find the agent best suited to sell your home, but also the agent that will provide the best solution to this new reform.

At Peter Reglar & Company we have undertaken an exhaustive process of research and invested in preparation for the launch of the Home Information Packs.

In addition to our existing services we will also be providing a HIP for each of our clients. This HIP will be provided independently by qualified solicitors and energy performance assessors, so the costing is completely transparent. The cost of the HIP can be deferred for a fee.

Please feel free to contact us for professional up to date advise.

ADVICE LINE: 01895 613003.

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