HIP Essentials
Gruber Garratt HIPessentials
Home Information Packs (HIPs) were made compulsory as of 1 August 2007 for every home put on the market with four or more bedrooms. This was amended from 10th September 2007, to also include properties with 3 bedrooms and then again for all properties from 14th December 2007. The Pack includes an Energy Performance Certificate, containing advice on how to cut carbon emissions and fuel bills. Also included are documents such as a sale statement, searches and evidence of title.
We offer a comprehensive, user-friendly and efficient pack at a competitive price, combined with years of knowledge and experience within the Conveyancing sector for all aspects of commercial and residential conveyancing.
For further information on Home Information Packs, please contact Simon Toman-Wilkes at our Oldham Branch on 0161 665 3502 or email stomanwilkes@grubergarratt.co.uk
FAQ’s on HIPS
When do I have to provide a HIP?
If you are marketing a property which falls within the scope of the scheme (i.e all properties from 14th December 2007) then the HIP must be commissioned before marketing can begin. During this period the EPC must be provided before contracts are exchanged, although there is no set time limit on when the rest of the HIP should be provided.
What do I do if my house was on the market before the regulation ommencement dates?
Properties that are genuinely on the market before the commencement date (i.e. 1st August 2007 for sales of homes with four or more bedrooms) will not need a Pack. This exemption will apply for as long as marketing continues but the Government may appoint a date at which all properties on the market will be subject to the HIP duties, regardless of when they were first marketed.
What goes in a HIP?
The following compulsory documents must be included in a Home Information Pack:
- Home Information Pack Index
- Energy Performance Certificate
- Sale statement
- Standard searches
- Evidence of title
Additional information for leasehold and commonhold sales, where appropriate.
You can also include other documents such as a Home Condition Report, an environmental or flood risk search and other information that would be of interest to a potential buyer as defined in the regulations.
I'm selling my house privately - do I need a Home Information Pack?
If you are marketing your property, even if it's just by putting a 'for sale' sign in the window, you need a Pack. Sales where no marketing takes place (e.g. to a member of the family) will not need a Pack.
Who pays for the Pack?
The seller is responsible for the cost of a Home Information Pack. The cost of the Pack is down to the market, but sellers will often be able to defer costs
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