Home Information Pack
A Home Information Pack is a collection of documents that provides potential purchasers with key information about the property. It is a legal requirement to have a Home Information Pack and you cannot market a property without one in place.
Since the 6th April 2009, part of the HIP must be in place before any marketing of the property can begin. You will now require the following documents:
- HIP Index
- Title document
- Sale statement
- Energy Performance Certificate
What does a HIP contain?
The Home Information Pack is made up of compulsory and optional items:
Compulsory Documents
- HIP Index
- Property Information Questionnaire
- Energy Performance Certificate (e link to energy section)
- Sustainability Information (new builds only)
- Sale Statement
- Evidence of Title
- Searches – water, drainage est.
- Copy of lease (leasehold property only)
Optional Documents
- Home Condition Report
- Legal Summary
- Home Use/Contents Form
What is a Property Information Questionnaire?
A property information questionnaire (PIQ) provides a summary of information about the property including flood risk, gas and electricity, service charges, structural damage and parking arrangements. The aim of the PIQ is to help buyers make a decision when it comes to viewing or purchasing a property.
HIP Exemptions
It is not necessary to produce a Home information Pack for the sale of;
- Mixed use properties
- Holiday homes
- Properties due for demolition
- Properties with 21 or less years remaining on the lease
- Properties in Scotland and Northern Ireland
- Properties sold with sitting tenants
- Portfolios of residential property
- Properties sold under the Right to Buy scheme
- Non residential property
Property Problems Solved has teamed up with Nethouseprices.com, winner of the Moneyfacts Best HIP Provider 2008 Award, to offer you one of the cheapest HIP’s currently on the market. Click here to order yours.
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