You
must have a HIP ready before you sell your home
Did
you know that it is now a legal requirement for the homeowner
to be in possession of a Home Information Pack (HIP) before
marketing the property for sale?
What
is a HIP?
A Home Information
Pack (also known as the HIP) is compulsory for all homes
on the market in England and Wales. It is a set of documents
that provides the buyer with key information on the property
and must be provided by the seller.
Do
I need one?
YES! It is a legal
requirement to have a HIP and you can't market your property
without one. The HIP lets buyers see important information
on 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 that can cause
delays and extra expense to the buyer and seller.
What
is included in a HIP?
The
following documents must be included in your HIP:
For
Freehold properties:
Home
Information Pack Index
Energy
Performance Certificate (EPC)
Sustainability
information (required for newly built homes only)
Sale
Statement
Evidence
of Title
Standard
searches (local authority and drainage and water)
