What is a HIP (Home Information Pack)?
HIP stands for Home Information Pack. These packs consist of a collection of documents required prior to a property being offered for sale in order for the exchange to be completed in a fast and efficient manner.
Some of these documents are mandatory and therefore must be included and some are non-mandatory, meaning that they can be included as an added benefit to ease the sale.
The mandatory documents are:
- Home Information Pack Index
- Property Information Questionnaire (PIQ) - General Version
- Energy Performance Certificate
- Sale Statement (summarising terms of sale)
- Evidence of title
- Standard Searches (i.e. local authority enquiries and drainage and water search) and
- Where appropriate - leasehold information (including a copy of lease, information on service charges and insurance)
- Where appropriate - common hold information (including a copy of the common hold community statement)
- Where appropriate - a New Homes Warranty
- Where appropriate - a report on a home that is not physically complete
The non-mandatory documents are:
- Home Condition Report
- A legal summary
- A Home Use Form
- A Home Contents Form
- Guarantees and warranties
- Other searches relevant to the particular area
- Extra title information (e.g. copy indemnity policies)
News and Articles
- The Pro's and Con's of the Budget 2009 Here, we take a look at how the Budget may affect the Contractor community.…
- How does the pension cap affect Contractors? After the Budget announcement that tax relief on pension contributions will be capped for higher rate tax payers, we urge higher earning Contractors to proceed with caution when it comes to pension investment…
- Is your life covered? As a Contractor, you miss out on the 'death in service benefit' offered to permanent employees but you can still protect your family…
Testimonials
-
I cannot believe I wasted time with other intermediaries…
Dil Sidhu
-
The whole process was so quick and easy with no worries…
Steve Birchall
-
I would have no hesitation in recommending your company to others.
Nick Williams