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KEEP UP WITH THE LATEST MOVE FOR HOME INFORMATION PACKS
This August finally saw the long mooted launch of the Home Information Packs (HIPs) for four or more bedroom properties going on sale in England and Wales. The reason for their somewhat controversial conception was stated as being an effort to reduce the number of abortive sales and practices such as gazumping. The scheme also aims to promote energy efficiency in homes.
The government has taken the next step in the introduction of HIPs by extending the scheme to include three bedroom properties. Eventually it will be extended to all properties. The legislation makes it illegal to put your home on the market without first commissioning a HIP.
What does a HIP contain?
The required documents that must be included in each HIP are:-
· An index (ie a list of the contents of the Pack)
· An Energy Performance Certificate
· A sale statement (summarising the terms of the sale)
· Evidence of Title
· Local Authority Search
· Drainage and Water Search
· Where appropriate, leasehold information which would include a copy of the Lease
Why you should choose Woodcocks to provide your HIP HIPs contain a large amount of complex, legal information and solicitors are best placed to prepare and interpret these packs. Independent research has shown that solicitors are the public’s most trusted HIP provider. Woodcocks have a dedicated team in place to prepare a HIP and you should consult us before arranging to put your property on the market. Woodcocks are able to offer a number of services with regards to HIPs: -
· Guaranteed compliance with the latest HIP legislation
· A comprehensive high quality HIP, which would include official searches and which is still priced at a competitive rate
· You can be sure that each HIP you ask us to prepare will be with you or your chosen estate agent as quickly as possible
· Each HIP prepared will be available as a hard copy and also on a CD to enable the contents to be sent electronically to potential buyers.
· Once completed the HIP will be in your ownership. You will not be tied to any particular estate agent and therefore will have complete freedom to decide how you want to market your home. We can not only look after your HIP needs, but once you have found a buyer for your property we are able to assist with all your conveyancing needs.
Call your nearest Woodcocks office today or e-mail us at wsx@woodcocks.co.uk and we’ll be happy to discuss how a Woodcocks HIP can benefit you.
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