Home Information Pack Cost £280

As part of the Government commitment to to making buying and selling homes easier, Part 5 of the Housing Act 2004 has introduced a legal obligation on home-owners or their selling agents to have a Home Information Pack available when marketing homes for sale. This is set out in more detail in the Home Information Pack (No2) Regulations 2007 and associated Procedural Guidance. These have been further revised to reflect the Housing Minister's announcement of 22nd May 2007. The Government reasoning for HIPs implementation is also set out in their Regulatory Impact Assessment.

Home Information Packs will provide important information to prospective purchasers at the very start of their interest in a new home, giving increased transparency on key issues and meaning any offer to purchase is based on an informed decision.

For a limited transitional period until the end of 2008 a property may be marketed provided a HIP has been commissioned. The Energy Performance Certificate (EPC) must be made available to purchasers at the time of exchange.

Home Information Pack

 

The required documents are:

 

         An index (i.e. a list of the contents of the pack)

·                         A sale statement (summarising terms of sale)

 

·                           Evidence of title

 

·                          Standard searches (i.e. local authority enquiries and a drainage and

               water search)

 

·                          An Energy Performance Certificate

 

·                          Where appropriate, commonhold information (including a copy of the

               commonhold community statement)

 

·                          Where appropriate, leasehold information (including a copy of the lease,

               information on service charges and insurance)

 

·                         Where appropriate, a New Homes Warranty

 

             Where appropriate, a report on a home that is not physically complete


Home Information Packs Cost £280 from Urban Energy Solutions who work along side a local Property Solicitor in Atherton Town Center




 
 
 
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