Home Information Packs (HIPs)
Changes in legislation means that since 2008 every seller needs a Home Information Pack (HIP) in order to market their home.
The HIP needs to include:
- Index
- Statement of sale
- Evidence of Title
- Property Information Questionaire (Fixtures and Fittings information)
- Standard Searches
- Energy Performance Certificate (EPC) – the graph which will appear on our property details
The HIP is about 130 pages and is held by us electronically on our web site for buyers and solicitors to inspect if they wish.
From 6 April 2009 the HIP MUST be complete and available when a property is placed on the market, It is now an offence to market a property which does not have a completed HIP.
We DO NOT provide HIPS ourselves – unlike many corporate firms who ‘tempt’ owners with a free HIP –only to demand £500 when the owner wishes to withdraw or change agent.
We have several HIP providers available who can produce Home Information Packs in under a week – so that there is no undue delay in marketing a property.
Many methods of payment , including a ‘deferred payment’ option and a ‘free HIP with conveyancing’ option have been arranged for our clients. The HIP – from Martin Treasure’s suppliers – is always the property of the owner, not the agent. SO , if for any reason a seller wishes to end an agency the HIP is ‘portable’ and belongs to the client.
The HIP has a ‘shelf life’ of 12 months and can be ordered on- line at the time of agreeing terms with us, so that by the time our details are prepared and approved by you, the HIP is ready.
As always, call us for free, independent advice: 01727 844330
