Home Information Packs (HIPs) were first introduced approximately 18 months ago and in spite of some early teething problems, the process does now seem to have settled down.
NEW HIP REGULATIONS
With effect from 6th April 2009, the Government are introducing further regulations which will see two significant changes to the current rules.
It will be no longer be acceptable for a vendor to have simply ordered a HIP, certain important documents will have to be included within the pack before a property can be placed on the market or even introduced to prospective buyers. This is referred to as “First Day Marketing”.
For marketing to commence, the Home Information Pack must contain the following documents:-
An Index
An Energy Performance Certificate (EPC)
A Sales Statement
Land Registry Title Documents & Plan
And from 6 April 2009
A completed Property Information Questionnaire (PIQ). Click here to see sample of PIQ .
The PIQ will provide a summary of information provided by the vendor about the property.
Any delay in bringing all these documents together will cause a knock on delay in enabling the property to be marketed.
At Manning Stainton, we have a fully dedicated HIP department and our own Domestic Energy Assessors who produce the Energy Performance Certificates and, as part of our service, our experienced team of valuers will be able to assist all our sellers in completing the Property Information Questionnaire.
We expect there to be little or no delay in ensuring that a property for sale with Manning Stainton is placed on the market with a compliant, completed Home Information Pack.
Switching you HIP to Manning Stainton is Easy!
If you want to switch to Manning Stainton but are worried about HIPs don't worry! We will validate your HIP for you and if you did not need HIP before you still wont!
