Home Information
Packs (HIPs)
From April 2006
all residential properties are required by law to obtain
a Home Information Pack (HIP) before a property can be
put on the market; it is the responsibility of the seller
or estate agent to provide the Home Information Pack for
any potential buyers of the property. The document is
made up of compulsory and optional
Why do I need a
HIP?
A HIP is a
collection of documents that provide the buyer with key
information that must be provided by the sell or the
seller’s agent. The HIP lets buyers see important
information about the property at the start of the
process, free of charge. This means there is less chance
of buyers becoming aware of any surprises at the end of
the process. The HIP can help reduce delays and extra
expense to the buyer and seller.
What are compulsory
documents are required?
-
Home Information Pack Index
-
Property Information Questionnaire
(PIQ)
-
Energy Performance Certificate (EPC) /
Predicted Energy Assessment (EPA)
-
Sustainability information for newly
built homes (required for newly built
homes)
-
Sale statement
-
Evidence of title
-
Standard searches (local authority,
drainage and water)
-
Copy of the Lease (leasehold properties
only)
What are the optional
documents?
Optional documents that you may wish to
include in your HIP are as follows:
- Home Condition
Report
- Benefits of a Home Condition
Report
- Sample Home Condition
Report
- Find a Home
Inspector
- Legal summary
- Home contents
forms
- Searches
- Guarantees and
warranties
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Who
prepares the HIP?
The quality of the Home Information Pack that
you are provided is key to a successful sale, there are many
unregulated HIPs on the market and in a bid to cut costs you
may find that vital information is missing meaning that your
purchase is in danger of falling through and that buyers are in
danger of incurring longer term costs due to an incomplete
HIP.
A solicitor is
the only person who can ensure that a complete HIP will
be guaranteed every time, this means the seller will
benefit from faster sales and less chance of the sale
falling through. Solomons Solicitors are dedicated to
providing fully compliant legal HIPs at competitive
rates, prices start at
£275+VAT please contact a member of our
Conveyancing team who will be happy to assist
you.
Book an
Appointment
 |
For a
free initial
consultation with a member
of our Private Client Team at either our
Bournemouth or Christchurch office, simply
contact us, we’ll book you an appointment at a
time that is convenient for you and you’ll be
able to discuss the process and outcome of your
matter with a specialist in that
area.
Iain Lorrimer
- Legal
Executive
T:
01202 802
807
E:
iain@solomonslaw.co.uk
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