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HIPS – GENERAL INFORMATION Home Information Packs - “HIPs” - are a set of documents which must be provided by the seller of any residential property in England and Wales.
They must be made available before the property is put on the market, for review by any potential buyer.
HIPs are designed to speed up the sale process by providing certain key information about the property at the start of the transaction. It is intended that having this information available from the outset will obviate the need for later communication on minor matters between the parties at a later date – thus saving time and money.
HIPs must contain: an Energy Performance Certificate, Title Documents relating to your property, various searches (depending on the location of the property) and any other relevant information documentation that could assist the buyer’s solicitor.
HOW CLEGG MANUEL CAN HELP If you are selling a property, Clegg Manuel can create the appropriate HIP, for sending either directly to you, your estate agent, or your buyer’s solicitor.
Unlike many HIP providers, we have a broad range of experience in dealing with property sales and purchases; as such we will advise you as to which searches and information are appropriate for your HIP, and whether in fact the sale process will benefit from all the potential inclusions. We are uniquely placed to prepare a HIP tailored to your specific needs, and to the particular circumstances of the property that you are selling. Please note that you do not need to instruct Clegg Manuel to act as the solicitors for your sale to avail yourself of our HIP preparation service.
If you have any queries about HIPs, or about selling your property, please feel free to contact us either by phone, or via our website. Our specialist practitioners will be happy to help and advise.
© Clegg Manuel 2008 To download a .PDF of this guide Click Here
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