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Home Information Packs (HIPs)
As of 1 August, if you are selling a home with four or more bedrooms, you need a Home Information Pack to show to potential buyers. The Pack includes an Energy Performance Certificate, containing advice on how to cut carbon emissions and fuel bills. Also included are documents such as a sale statement, searches and evidence of title. On 17 August, Communities and Local Government (CLG) announced that homes with 3 or more bedrooms marketed for sale from 10 September will require a HIP.
What is a Home Information Pack (HIP)?
There are a number of key components in the HIP. We can help you sell your home by ensuring that you get a quality HIP containing these components, which are:
- An index (i.e. a list of the contents of the Pack).
- An Energy Performance Certificate (EPC)
- A sale statement (summarising terms of sale)
- Evidence of title
- Standard searches (i.e. local authority enquiries and a drainage and water search)
- Where appropriate, commonhold information (including a copy of the commonhold community statement).
- Where appropriate, leasehold information (including a copy of the lease, information on service charges and insurance)
- Where appropriate, a New Homes Warranty
- Where appropriate, a report on a home that is not physically complete
- Home owners are also encouraged to add the optional Home Condition Report (HCR) to provide an overview of the condition of the property.