Home Information Packs (HIPs) have been compulsory since December 2007
As one of the leading conveyancing firms in this country we are pleased to offer you a complete solution to all your legal needs when moving home.
From the production of a Home Information Pack at an unbelievable price to acting for you in your sale and purchase we can take care of it all in a quick, efficient and professional way.
We can supply a Home Information Pack from as little as £230.00 plus VAT. This fee will increase if the property is leasehold of unregistered.
How long does a HIP last?
The HIP is valid until the property is sold. If the property is taken off the market and re-marketed within one year from the first point of marketing, the same HIP may be used.
However, certain documents cannot be more than three months old from the date the HIP was instructed to the date the HIP is completed - these are:
· Official Land Registry copies/official search of the index map
· Local searches
· Water and drainage searches
* * To further clarify the point about searches, they are valid for use in conveyancing for 6 months from the date the searches were issued.
The Energy Performance Certificate must not be more than 12 months old at the first point of marketing but the EPC is valid for 10 years thereafter.
There is no obligation to update any documents in the HIP whilst the property remains on the market.
If the property is taken off the market whilst 'under offer' and the sale should fall through, the same HIP may be used as long as the property is re-marketed within 12 months of the initial point of marketing.
If the property was under offer, or had a sale agreed, which subsequently fell through 12 months from initial marketing and is not re-marketed within 28 days of the fall through; a new HIP would be required.