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Home Information Packs
(HIPs) are now a legal requirement for all properties. The
government has announced (8th May 2008) that it is
extending the transitional arrangements introduced last
year which enabled properties to be marketed once the HIP
has been commissioned. Therefore, until 31st
December 2008, you do not need to have
received your HIP before you put your property on the
market. If you are advertising with HouseWeb, you can
therefore advertise your property, order your HIP and we
will then turn your advert live. As a HIP is now a legal requirement, it is the responsibility
of the seller to provide the HIP.
Order
your HIP today with HouseWeb. We’ve teamed up with one
of the country's leading HIP providers and can offer you
two pricing options:
1) £349 + VAT (if you are not advertising your property with HouseWeb)
2) £279 + VAT for all HouseWeb customers. To take advantage of this £70 saving, simply place your advert with us and then order your HIP from within your account. Adverts packages start from just £47.
Order your HIP at £349 plus VAT.
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 DOWNLOAD HOUSEWEB'S FREE GUIDE TO HIPs |
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Quick Guide to HIPs implementation*
| No of Bedrooms |
Date |
Action |
When Can I
start marketing my property? |
| All Homes |
If marketed on
or after 14th Dec 2007 |
You must order
a HIP |
Once you have
ordered your HIP |
| All Homes |
If marketed on
or after 31st December 2008 |
You must order
a HIP |
Once you have
ordered and received your HIP |
| 3 Bedrooms |
If marketed continuously
before 10th Sept
2007 |
No HIP required
until 1st June 2008 |
|
| 4 Bedrooms + |
If marketed continuously
before 1st Aug 2007 |
No HIP required |
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*Subject to change at any time by the
Government.
What is a HIP?
The
government have introduced HIPs in an attempt to improve the process of buying
and selling property in England and Wales and to improve the environment through
energy awareness. A Home Information Pack includes essential information
about a property which was previously not made available to the buyer until
later in the process. It also includes an Energy Performance Certificate,
rating each property, and highlighting ways to save energy. By making this
information available upfront, the intention is to speed up the process of
buying and selling property. A Home Condition Report (similar to a survey) can
be included as an optional extra, as can guarantees and warranties.
What does a HIP include?
The Pack must contain at least the following:
- Home
Information Pack Index
-
An
Energy Performance Certificate, rating the property on a scale of A to G and
suggesting ways to improve its energy consumption. This must be produced by
a member of the Government approved certification scheme and includes an
Energy graph which must be available with the property’s details.
- Sale
Statement
- Standard
Searches
- Evidence
of title
- Additional
information for Leasehold and Commonhold sales where appropriate.
Additional documents
which can be included are:
- Home Condition Report, similar to a survey.
- Legal
Summary
- Guarantees
and warranties
- Other
searches.
- Home
use/contents forms.
Are there any properties that don't need a HIP?
From
August 1st all properties in England & Wales with 4 or more
bedrooms need a HIP,
3 bedrooms since 10th September and all other properties since the 14th
December 2007.
There are also a number of cases where a HIP is not required at all.
- Properties where there is no marketing (e.g. sale to member of the family)
- Non-residential properties
- Seasonal and holiday accommodation
- Mixed sales (e.g. shop with flat)
- Right to buy sales
- Sales of portfolios of properties
- Properties not being sold with completely vacant possession
- Unsafe properties and properties to be demolished.
How can HouseWeb help me with HIPs?
HouseWeb
is working closely with one of the country's leading HIP providers to offer
various options at competitive prices. There is the option to defer
payment for nine months or pay on completion, whichever is sooner. Once your HIP
is ordered your property can go live on the market (i.e. you will not have to
wait for the HIP to be complete). It will typically take 7 working days to
prepare, dependent on how quickly the Energy Assessor can gain access to your
property. The HIP will be made available to you as a PDF file once it is complete so
you can then send it to
serious prospective buyers, or print off a hard copy.
You will find more information on the Government website:
http://www.homeinformationpacks.gov.uk
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