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Home Information Packs
Date Added 30/04/2007
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– New Legislation On The Home Buying/selling Process Will Affect You
Government plans to phase in Home Information Packs (also known as HIPs) in England & Wales on a mandatory basis from 1st August 2007.
This will mean anybody wishing to put a property up for sale must have commissioned a HIP before they can market the property.
What’s in a HIP?
A HIP will provide information about the property being offered for sale. Its contents will include legal documents such as terms of sale and evidence of title; standard searches; any planning consents, warranties and guarantees relating to the property; and an Energy Performance Certificate (EPC).
What does it mean for me?
As a seller it will mean that when you agree a sale you can be much more confident that the sale will progress smoothly with less chance of the buyer dropping out.
As a buyer it will mean you will be able to make an offer knowing about the property upfront allowing you to make a more informed decision.
In essence, HIPs offer greater peace of mind and a quicker, smoother process for all involved.
How do I go about getting a HIP?
It will be the seller’s responsibility to get a HIP commissioned before putting their property up for sale.
Getting a HIP will be straightforward for you as we have put in place a simple and efficient solution.
We have partnered with a major HIP provider who can offer a technically innovative and customer focused service that ensures swift fulfilment so you can get your property up for sale without delay.
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