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Article - Home Information Packs (07/02/2008)
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Home Information Packs have been the focus of many a news article or broadcast since 2007. Often the focus of the discussion is the benefits and drawbacks of the packs but right or wrong they are compulsory. HIPS were introduced in August 2007 nationwide for some properties and since the 14th December 2007 every home put onto the market requires a Home Information Pack or HIP regardless of its size.
The Pack
A Home Information Pack must as a minimum include:
- An Energy Performance Certificate which on the face of it looks very similar to that of electrical appliances with a grade “A” for the most efficient to a grade “G” for least efficient.
- A Sale Statement with basic details of the property such as addresses and other terms of the sale.
- Conveyancing Searches (a Local Authority Search and a Water Company Search)
- Evidence of Title is included which confirms that you are the owner of the property.
- Other documents may be required and a more extensive pack is required for a Leasehold Property but of course we can help with this.
We understand that one focus of the government was to reduce the number of house sales that fall through therefore the accuracy of the information contained in the HIP is vital. Unreliable information could lead to delays, additional costs or even the sale falling through.
How we can help
Solicitors Practices are ideally suited to providing Home Information Packs, after all we have been producing the majority of this documentation for our clients prior to the implementation of HIPs in our conveyancing services.
Paul Finn Solicitors HIPs are Guaranteed Compliant with HIP legislation. They can be used by any Estate Agent or for a private sale. They can be provided in an email or a Printed Copy to suit your requirements and are fully insured. We will send a copy of the pack to your selected Estate Agent for their use requiring no intervention by yourself. Should you choose to continue to use our conveyancing service for the sale of your property we provide a seamless service to help ensure that your sale progresses swiftly and smoothly.
Before you put your house on the market come and see us, we will apply for the HIP immediately so that your house can be marketed by your estate agent or yourself as soon as possible.
If you are buying or selling your house even if you have already arranged your HIP please contact Michael Brown, Chris Walker or Christopher Frost for first class conveyancing services or property legal advice:
Tel: 01288 356 256 or email: Enquiry@FinnLaw.co.uk
We are here to help.
Chris Walker
Paul Finn Solicitors
Tel: 01288 356 256
Email: WalkerC@FinnLaw.co.uk
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