Home Information Packs (HIPs)
In most cases, a HIP is now required in order to market a property. There are a few exceptions, including mixed-use properties (e.g. a shop with flat, and properties with a sitting tenant.) We shall be glad to advise on your requirements, and we are able to assist in providing the pack through a well-established, competitive provider. Where required, the cost can be deferred until completion of the sale, or for nine months, whichever is the sooner.
What is in a Home Information Pack?
There are two kinds of documents that a HIP may contain: those that are required (mandatory) for all properties, and others that are authorised (optional) to be included at the seller’s discretion.
Mandatory
- Index of the documents contained within the pack
- Energy Performance Certificate (EPC)
- Sales statement summarising the property details and terms of sale
- Evidence of title from the Land Registry
The above four items will be required before a property can be marketed.
required, the cost can be deferred until completion of the sale, or for nine months, whichever is the sooner.
What is in a Home Information Pack?
There are two kinds of documents that a HIP may contain: those that are required (mandatory) for all properties, and others that are authorised (optional) to be included at the seller’s discretion.
Mandatory
In addition, the following two items will be required within 28 days of commencing marketing:
- Local Authority searches and a drainage and water search
- On leasehold properties, key information re the lease and the management company
Optional
Home Condition Report (HCR) – a new form of survey
Any warranties or guarantees that you have for your property e.g. new roof guarantee, NHBC certificate
Other legal information which will be required for conveyancing (part of the current process) such as environmental, flood, and ground stability (mining) searches.