 |
|
 |
Home Information Packs (HIPS)
FREQUENTLY ASKED QUESTIONS
All properties now need a home information pack.
What is a Home Information Pack?
A Home Information Pack is a set of documents which, as a legal requirement, must be provided by a seller, which will give a
potential buyer key information about the property for sale.
How much will a HIP cost?
We will include the basic HIP in our fees, although a withdrawal fee may apply. This does not include the voluntary Home
Condition Report, or in the case of leasehold properties, any charges levied by managing agents for the supply of information
which will need to be provided.
How soon after commissioning a HIP will it be ready for buyers to view?
We estimate that it will usually take up to 14 days for freehold properties or up to 28 days for leasehold properties.
How and when will buyers be able to view a HIP?
Buyers will be able to view the information by email or online, with the option of viewing a paper copy at our office.
How reliable is the information in a HIP?
The documents in the HIP are, with the exception of the EPC, legal documents that can be relied upon. However, a buyer’s
solicitor may recommend to his or her client that various elements, such as the local search, may need updating at the point of
sale. The EPC is compiled by a qualified and accredited Domestic Energy Assessor.
Can I put my property on the market without a HIP?
No after April 6th 2009 the Home Information Pack needs to be completed before marketing can take place.
< back
|
 |
|