HOME INFORMATION PACK (HIP).

 

Since the 15th December, 2007, new government legislation requires vendors to have a HIP on their property.

The idea of a HIP is to speed up the often lengthy time that a sale takes from an offer being agreed to exchange of contracts.

A HIP includes the following:

EPC (Energy Performance Certificate)
Evidence of Title
Local authority searches, including water and environmental.
Fixtures and fittings list

Should you instruct LANGLEYS ESTATE AGENTS to market your property and use our recommend firm of Solicitors, the cost is £250 inclusive of VAT, which is added to your bill, only on completion of sale. Alternatively we can arrange a HIP through a provider at a cost of £205 + VAT.

As from the 1st October 2008, legislation will be introduced requiring EPC'S Rental properties, although currently the exact requirements are unclear and we will post further information when available.