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Home Information Pack (hip) Solution

The Government has announced a delay to the-  Local  Search
introduction of Home Information Packs and
now rather than requiring a Pack to market-  Drainage  Search
your home for sale from 1st June, as was
originally planned, you will not need a PackIf your property is leasehold further
unless marketing from 1st August and onlydocumentation is Required; a copy of the
then if your property has four, or moreLease, Service Charge Statements, demands for
bedrooms. Those with fewer bedrooms willGround Rent, Service Charges and Insurance
require a Pack in the future, but no clearcontributions, Management Company Rules, the
timescale  has  yet  emerged.names and addresses of Landlords and
Management Companies and any Notices served
The U-turn has come about through a shortagein  respect  of  works  to  the  property
of accredited Domestic Energy Assessors, the
people who will prepare the EnergyIn addition to the above a HIP can contain
Performance Certificates to be included incertain Authorised documents, which are not
each Pack and also a legal challenge from thecompulsory and include a Home Condition
RICS who felt that insufficient consultationReport, further searches, for example a
had been undertaken by the Government when itMining Search, warranties, photographs, maps,
announced the Regulations governing theplans,  or  drawings.
introduction  of  Packs.
An Energy Performance Certificate, which will
There are further expected concessionsgrade your home in the same way as you might
relaxing the strict requirements intendedsee when considering purchasing a domestic
before allowing a property to be put on theappliance can only be prepared by a qualified
market, at least for a transitional period,Home Inspector, or Domestic Energy Assessor,
but further amended Regulations clarifyingwho will look at such things as whether the
this  are  awaitedproperty is double-glazed, has loft, or
cavity wall insulation and the efficiency of
What's  in  a  HIP?the  boiler.
The contents of a Pack will not changeA Home Information pack will be portable,
through this latest development and thosewhich means that you are not tied to one
that  must  be  included  areEstate Agent, you can still instruct multiple
Agents,  or  change  Agents.
-  An  Index
At mfg we are ready to guide you through the
-  An  Energy  Performance  Certificatewhole process of selling your home, from
preparing a Home Information Pack for you,
-  Sale  Statementthrough to completion. For more information
or to discuss the latest developments please
-  Evidence  of  titleask to speak to a member of our Residential
Property Division.



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