HIPs
HIPS
HIPS (Home Information Packs) are, as from the 14 December 2007, compulsory for all house sales. We have set out below the answers to some frequently asked questions. If you do have any further queries regarding HIPS please contact Suzanne or one of her team at any of our offices.
Sellers Frequently Asked Questions
1.
Who compiles HIPS?
Suzanne Graham Estate Agents (in association with
Hathaways the Law
Firm) can provide an efficient cost effective HIP service for further
details please contact one of our team.
2. When do I have to provide a HIP?
A HIP must be commissioned before marketing of your
property can begin.
3. What goes
in a HIP?
The following compulsory documents must be included in a Home Information
Pack:-
* Home Information Pack
Index
* Energy Performance Certificate
* Sale Statement
* Standard Searches
* Evidence of Title
* Additional Information for Leasehold and commonhold sales, where appropriate.
You can also include other documents such as a Home Condition Report, an environmental or flood risk search and other information that would be of interest to a potential buyer as defined in the Regulations.
4. I'm selling
my house privately ? do I need a Home Information Pack?
If you are marketing your property, even if its just by putting up a 'for
sale' sign in the window, you need a pack. Sales where no marketing takes
place (e.g. to a member of the family) you wont need a pack.
5. Who pays
for the pack?
The seller is responsible for the cost of a Home Information Pack. Please
contact any one of our offices for details.
6. My house
has been on the market before HIPS came in, if I change Estate Agents now
do I have to get A HIP?
If your house has not been taken off the market i.e. continuous marketing
has occurred, then no you will not need to commission a HIP. If however,
there was a break in marketing you will need to supply a HIP.
Suzanne Graham Estate Agents
on 0191
488 2222 or 0191
491 0009
Hathaways Solicitors
Low Fell office on 0191
482 8700


