Home Information Packs (HIPs)
What is a Home Information Pack (HIP)?
From 14 December 2007 anyone wishing to market a property for sale will need to commission a HIP in advance of marketing.
Properties that were already on the market before 1 August 2007 (for homes with four or more bedrooms), before 10 September 2007 (for properties with three or more bedrooms) and before 14 December 2007 (for all other others) do not currently require a HIP. However the government may set a date when all properties on the market are required to have a HIP. The 'First Day Marketing' exemption, enabling properties to be marketed as soon as a pack is commissioned, has been extended until 1 June 2008.
The HIP will comprise some of the key documents required at the very start of the home-buying and selling process. These are as follows:
What is an Energy Performance Certificate (EPC)?
The EPC will tell you how energy efficient the home is. It will be rated on a scale of A - G. The most energy efficient home will have an A rating. The EPC will also advise as to the impact the home has on the environment. Better rated homes will have lower Carbon Dioxide emissions.
Government believes the average property in the UK will be in bands D - E. Recommendations will also be included in the EPC about how to make the home more energy efficient.
Why get your HIP and EPC from Palmer Snell?
We are best placed to obtain your HIP quickly and efficiently to a professional standard allowing your home to be marketed as soon as possible. Our services are designed to assist your sale.
For more information please contact your local office.