Home Information Packs (HIPS)
From 14 December 2007, properties marketed for sale in England and Wales will need a Home Information Pack (HIP), which includes a home energy rating. 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.
Home Information Pack (HIP) is a set of documents providing important information about a property, including legal title, its energy efficiency and planning permissions. As the Pack provides most of what buyers need to know up front, they will be able to make faster and better informed decisions about the properties they are considering. Essentially, buyers will be able to make an offer on a property with confidence.
Home Information Packs have been introduced to improve home buying and the selling for the consumer and as part of wider action to cut carbon emmissions from homes. This means that every person marketing a home after 14 December 2007 must have commissioned a Home Information Pack before putting their property on the market.
The mandatory documents are:
- An index (ie a list of the contents of the HIP)
- A sale statement (summarising the terms of sale)
- Evidence of title
- Standard searches (ie local authority enquiries and a drainage and water search)
- An Energy Performance Certificate (EPC)
- Commonhold information (where appropriate)
- A copy of the lease (where appropriate)
Optional documents include:
- A Home Condition Report (HCR)
- Additional leasehold, information
- Guarantees and warranties
- Other searches relevant to the particular area
We can orgainse your Home Information Pack you so we can market the property straight away.
