Home Information Packs (HIPs)
As you have probably heard, from the 6th April 2009 all sellers are now required to have a Home Information Pack (HIP) in place in order to market your property.
If you are intending to sell your property in the near future it is vital that you start thinking about the HIP now as failure to make arrangements for your HIP could delay the marketing of your property by approximately 2 or 3 weeks - losing valuable time and missing out on essential viewings.
HIPs contain a large amount of complex, legal information and solicitors are best placed to prepare and interpret these packs. The new regulations mean that the HIP will now need to include a Property Information Questionnaire which must be completed by the Seller and will contain information about flood risk, gas and electricity safety, service charges, structural damage and parking arrangements/ access. The Seller will usually need a solicitor to help them as buyers can bring an action against Sellers for damages if answers are incorrect. Sellers may also be committing a criminal offence under the Fraud Act.
At Conveyancing Solutions we firmly believe that the HIP, being a legal document, should be prepared under the guidance of a solicitor. This is even more true now that a Property Information Questionnaire is being included where your answers may form part of the contract and be legally binding.
Other reasons to choose Conveyancing Solutions
In most instances, estate agent prepared Home Information Packs belong to that estate agent, and they may even charge you an exit fee if you want to change to a new agent. Your Home Information Pack from Conveyancing Solutions is prepared by a solicitor, which means your HIP is fully transferable between estate agents because it is owned by you and not the agent. This control will give you the freedom and flexibility to choose your own agent.
Furthermore, solicitor prepared Home Information Packs are generally cheaper than agency prepared HIPs. For one inclusive price of £330 we will provide you with your own fully transferable Home Information Pack. We will also provide you with preferential rates on your conveyancing, helping you to stay in control by keeping everything under the one roof.
How do I order my Home Information Pack?
Talk to us first and we will guide you through the process.
Call us on 0800 019 3460Chat to an Advisor OnlineContact us by email
