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Home Information Packs (HIPs)
The new Home Information Pack (HIP) system was phased in during the second half of 2007 and is transforming the way homes are bought and sold in England and Wales.
The changes were intended make the home moving process more transparent, more efficient and more certain. However, whether this has actually been the case since their introduction is very much open to debate. Nevertheless, by law, properties marketed for sale from 14 December 2007 in England and Wales need a Home Information Pack.
The HIP will contain all of the documents that a buyer would have normally only requested once a sale had been agreed. Previously, the buyer would supply their own local authority, water and drainage searches. However, these are now provided in advance by the vendor at the time the property is first marketed and before a sale is agreed. The HIP will also contain a new type of report stating how energy efficient the property is, which is called an Energy Performance Certificate.
Below are all mandatory contents of the HIP.
- An Index
- An Energy Performance Certificate
- A Sale Statement - describing the property being sold
- Evidence of Title - official copies of Registered Title or copies of the Deeds
- The Local Authority, water and drainage searches
With just one call, we can arrange it all. And at an extremely competitive price of just £269+VAT!
For more information or to order your HIP, just call us on 020 8366 0261