updated 26 November 2007
The "First Day Marketing" principle means that a property can be marketed without a HIP until 31st May 2008, providing a HIP has been commissioned. We will provide a certificate that any document not available at the time of marketing has been ordered and will be provided within 28 days, if the required documents cannot be provided within these times, we will continue to use all reasonable efforts to obtain them.
Once the Energy Performance Certificate (EPC) has been received, a HIP will have to be provided to potential buyers via the Estate Agent.
Home Information Packs contain the following compulsory documents
(click here for more information)
Index of contents
An Energy Performance Certificate
A sale statement
Evidence of title
Standard searches of the Local Authority and water company
If leasehold, then the lease and other compulsory documents.
Most buyers will require additional documents and information before they buy a property. These are optional documents . They are not part of the compulsory HIP. They include but not limited to…
Home use report
Home contents list
Other optional documents and reports
How WGS will prepare your HIP
Some Agents are offering to prepare an HIP for free, in fact building the cost of the HIP into the Agent’s commission and tying the Seller into a particular agency.
At WGS we will prepare your HIP using our expertise and using the latest technology to obtain the Compulsory Documents for the pack in the minimum time.
In addition, after consultation with the Seller we will prepare such Optional Documents as we agree that a sensible Buyer will require in order to proceed.
We will provide you with a checklist and upon receipt of the agreed fee for both freehold and leasehold HIPs, we will prepare the pack ready for immediate delivery to your agents as a password protected Adobe Reader (PDF) file on our website, or, as you request , a
CD-ROM or as a hard copy.
Please call us on 020 7723 1656 and ask for one of our Residential Property Solicitors to advise you.
© WGS solicitors 2007
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WGS Solicitors can provide a HIP rapidly.
Provided you use WGS for the property sale we will not charge for ordering the HIP.
Freehold HIPs will cost from £299 + VAT.
A leasehold HIP will cost from £329 + VAT
Click below for more info on:
Residential properties of 4 bedrooms and above marketed before 1st August 2007 do not need a HIP provided the property is sold before 1st January 2008
HIPs are valid for the whole time a property is on the market.
If the property comes off the market the HIP is valid for one year from the date when marketing began
HIPs were introduced for three bedroom and larger properties on 10th September 2007. |
