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A Home Information Pack (HIP) has been compulsory for all existing homes that go on the market from the 14th December 2007.
From the 6th April 2008, new homes must also have a modified form of the HIP produced when the building is physically complete.
What does a Pack contain?
The following compulsory documents must be included in a Home Information Pack.
- Home Information Pack IndexThe Index lists the documents contained in the Pack and provides a checklist for sellers, buyers, estate agents and enforcement authorities.
- Energy Performance Certificate Energy Performance Certificates tells you how energy efficient a home is on a scale of A-G. The most efficient homes - which should have the lowest fuel bills - are in band A. The Certificate also tells you, on a scale of A-G, about the impact the home has on the environment. Better-rated homes should have less impact through carbon dioxide (CO2) emissions.
- Sale statement The sale statement should provide some basic information about the property, including: the address of the property being sold; if the property is freehold, leasehold or commonhold; if the property is registered or unregistered; ifthe property is being sold with vacant possession
- Standard searches: the local land charges register relating to the property being sold; local enquiries on records held by the local authority on matters such as planning decisions and road building proposals; the provision of drainage and water services to the property.
- Evidence of titleThese documents prove that the seller owns the property and therefore has the right to sell it.
- Additional information for leaseholdand commonhold sales, where appropriate.
COST: A HIP with Swinscoe's costs £350 INCLUDIING VAT for an average freehold property. Costs may vary in some circumstances.
For more information on Home Information Packs, follow the link to the Official website. |