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Home Information Packs - HIPSWhat is a HIP? From 14th December 2007 every property required a Home Information Pack (HIP) before it could be marketed. What is in the HIP? The HIP includes local search results, evidence of title and a Energy Performance Certificate that contains advice on how to reduce CO2 omissions and fuel bills. Why do we have to have a HIP? It’s the law! The idea behind it is to try to be upfront about the property and reduce the chances of the transaction falling through. What the HIP does not contain is information about the structural condition of the property, which is often the main stumbling block. So if you are buying, you will still need to go to the expense of a survey. When do I need to get the HIP? You need to request the HIP before your chosen estate agent markets the property. This means that you do not physically have to have it in your hand, but you need to have ordered it. What will be HIP cost? The price of HIPs varies sharply from around £350 to £700 plus VAT. It is important to shop around and to select a supplier that you can trust and rely upon. Can Bradshaw Hollingsworth help me with getting a HIP? Yes. We will be offering some of the most competitively priced HIPs around. We are offering nationwide coverage, and will be supplying HIPs with the same efficiency that our clients have come to expect from our conveyancing team. We can work with your chosen Estate Agent, and make the moving process as smooth as possible. And of course, we hope you will be using our conveyancing service anyway. As a guide, the price of a HIP from Bradshaw Hollingsworth starts at £350.00 plus VAT for properties located in Leicestershire. We cover the whole of England and Wales, and not only do we supply you with a competitively priced HIP, you have the added assurance that your own solicitors are involved in your sale from the start. For more information about HIPs or buying and selling properties, please email conveyancing@bhlaw.co.uk Bradshaw Hollingsworth ~ Helping You Make That Move!
Partners: Robin Bradshaw and Greg Hollingsworth -
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