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Home Information Packs (HIPs)In order to sell your property, you are required to provide a Home Information Pack (HIP) to the purchaser. You can order your Home Information Packs (HIP) through us at the low cost of £300 vat included.The following documents must be included in a HIP:
Home Information Pack Index - The index lists the documents contained in the HIP and provides a checklist for sellers, buyers, estate agents and enforcement authorities. Energy Performance Certificate (EPC) - The Energy Performance Certificate (EPC) gives home owners, tenants and buyers information on the energy efficiency of their property. It gives the building a standard energy and carbon emission efficiency grade from 'A' to 'G' (where 'A' is best) and advice on cost effective improvements to improve the current rating. For new homes sold 'off-plan' the requirement is to include a predicted energy assessment (PEA). Sustainability information (required for newly built homes only) - Newly built homes must have a certificate (or interim certificate) showing the sustainability of the home where it complies with the standards under the Code for Sustainable Homes; or a nil-rated certificate where the property has not been assessed against the Code Sale statement - provides some basic information about the property,such as the address of the property being sold , whether the property is freehold, leasehold or commonhold, whether the property is registered or unregistered, whether or not the property is being sold with vacant possession, in what capacity the seller is selling the property (eg selling on behalf of a deceased owner) Evidence of title: 1 Registered property - official copies of the individual register (made up of a property register, proprietorship register and, typically, a charges register) and an official copy of the title plan. For the sale of a commonhold interest, official copies of the register and title plan should be produced for both the unit and common parts. 2 Unregistered land - For sales of unregistered land, the HIP must include copies of a certificate of an official search of the index map (obtained from the Land Registry), and the documents that the seller intends to rely on to provide evidence of title to the property and the right to sell it. More detailed advice on the sort of evidence that is usually considered acceptable is in the procedural guidance to the Home Information Pack Regulations. Standard searches (local authority and drainage and water) - A search of the local land charges register for the property being sold – this is carried out by a personal search company or local authority and you will receive an official search certificate, a search of the records held by the local authority on matters of interest to buyers, such as planning decisions and road building proposals – these are referred to as local enquiries in the Home Information Pack Regulations and carried out by a local authority or personal search company and details on the provision of drainage and water services to the property – the local water company or a personal search company can be used (however, the search must comply with the HIP Regulations). A copy of the lease for leasehold properties - If a property is leasehold it means that the property is for sale but the land the property is built on is not. A buyer may have to pay ground rent to the freeholder and other service charges. For leasehold properties you must provide all the standard compulsory documents for the HIP, and a copy of the lease. Commonhold documents where appropriate - If a property is commonhold then you effectively own a share of the freehold of the land on which the building stands, together with other owners of flats in the building. You also share the responsibility with them for repairs and upkeep etc. Sellers of commonhold properties must also provide copies of any regulations or rules not described in the commonhold community statement and any proposed changes to those regulations or to the commonhold community statement, copies of any requests for payments made in the previous 12 months to do with the commonhold assessment, reserve fund levy and insurance (if not covered by a request for commonhold assessment) , the name and address of any managing agent or other person appointed or about to be appointed by the commonhold association to manage the commonhold and a summary of current or proposed works affecting the commonhold. |
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