Home Information Pack through HIPView
- Quick & efficient delivery
- Competitive and high quality HIP
- Your HIP can be viewed online by potential purchasers
- Established and experienced Local Search Providers to the legal profession
- Online tracking facility
- Members of Association of HIP Providers (AHIPP)
- Searches carry Personal Search Indemnity
- Subscriber to the Search Code and HIP Code of Practice
HIPs were introduced in England in Wales with the objective of making buying a house easier. Many sales fall through because of nasty surprises in surveys, but the government hopes that HIPs will make the process more transparent for buyers.
Additionally, energy ratings for properties will make it easier for vendors to predict how much their household bills might be, and how environmentally sound a property is.
What is in the HIP?
The Home Information Pack Regulations 2006 set out provisions on the “required” and “authorised” content of the Pack. Required documents must be included in the pack where appropriate and authorised documents may be included at the seller’s discretion.
The required documents are:
- An index (i.e. a list of the contents of the Pack)
- A sale statement (summarising terms of sale)
- Evidence of title
- Standard searches (i.e. local authority enquiries and a drainage and water search)
- An Energy Performance Certificate
- Where appropriate, commonhold information (including a copy of the commonhold community statement)
- Where appropriate, leasehold information (including a copy of the lease, information on service charges and insurance)
- Where appropriate, a New Homes Warranty
- Where appropriate, a report on a home that is not physically complete
The authorised documents include:
- Guarantees and warranties
- A Home Condition Report
- Other searches
An authorised document means that sellers can use them to top up their Packs voluntarily to include additional material where they judge that to be of interest to prospective buyers. Although the Government has indicated it will make Home Condition Reports voluntary as from 1 August 2007, it strongly believes that these are likely to prove valuable to both sellers and buyers, and is working with the industry to ensure that there is active take up.
