Home Information Packs (HIPs)
Let Dreamspot take care of your HIP and EPC with a couple of options available with regards to payment, these are shown below:-
HIPs payable upfront are £299 plus VAT
Deferred Option available at £349 plus VAT
Period deferred is 9 months or on sale/withdrawal from market
Fees are the responsibility of the vendor
The HIP pack will be available electronically
The vendor owns the HIP – not US!
Contact us on 0845 4747047 or info@dreamspot.co.uk to arrange your HIP, we will of course, discuss this with you at our initial meeting.
Why do you need a HIP?
It is a legal requirement to have a HIP and you can't market your property without one. The HIP lets buyers see important information on the property at the start of the process, free of charge.
This means there is less chance of buyers becoming aware of any surprises at the end of the process that can cause delays and extra expense to the buyer and seller.
What is in a HIP?
The HIP is made up of required (compulsory) and authorised (optional) items.
There shouldn't be any marketing or advertising material in the pack, so make sure it contains official information only.
Listed below are all the compulsory documents that need to be included:
- Home Information Pack Index
- Energy Performance Certificate (EPC)
- sustainability information (required for newly built homes only)
- sale statement
- evidence of title
- standard searches (local authority and drainage and water)
- leasehold/commonhold documents where appropriate
Does your property need a HIP?
If you're selling a private residential property on the open market, you will normally need a HIP. You do not need a HIP for:
- properties where there is no marketing (eg selling to a member of your family)
- non-residential properties
- properties limited by law to use as holiday accommodation or occupation for less than 11 months per year
- mixed sales (eg shop with flat)
- right to buy and similar sales
- sales of portfolios of properties
- properties not being sold with completely vacant possession
- unsafe properties and properties to be demolished
Contact us on 0845 4747047 or info@dreamspot.co.uk to arrange your HIP, we will of course, discuss this with you at our initial meeting.