hip

 

As from 14th December 2007 all homes that come to the market will require a Home Information pack.

What is a HIP?

A Home Information pack is a collection of documents that are assembled prior to a residential property being marketed. They can either be commissioned by you as the seller or by the agent that you have appointed. 

What is in a HIP?

Certain documents must be included within the pack and these include:

An index

Sale Statement

Evidence of Legal Title

Standard searches

An energy performance certificate

Where appropriate, additional information for leasehold and common hold properties 

What is an Energy Performance Certificate or EPC?

A domestic energy assessor will visit your home and calculate how energy efficient your home is. It will be based on a scale from A-G (A being the most efficient). The report will also show an environmental impact rating.  These reports are always conducted by qualified and licenced assessors. 

Will I require a HIP?

At present three or four bedroomed homes (residential) must obtain a HIP. They need to be sanctioned prior to any marketing being undertaken. There are some exemptions that include commercial, mixed use and tenanted property as well as investment property sold within a portfolio.

Who pays for the HIP, when is payment required and who owns it?

There are many ways in which payment can be organised. Please contact our offices to discuss the options in more detail. 

Easton Residential use two providers for which clicking on the links below will provide more information. 

 

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