A HIP must be in place, not just ordered, before houses can be put up for sale

23 March 2009 By MoneyhighStreet Staff 3 Comments

According to new legislation, from 6 April all houses must have a Home Information Pack or HIP in place, not just ordered, before they can be put up for sale.

Home Information Pack, HIPSellers can currently commission and pay for a HIP and market their house for up to 28 days before the HIP is completed.

From 6 April, the HIP must be available at the time the property comes on the market.

In addition, vendors will have to complete a Property Information Questionnaire (PIQ) which will provide summary information about the property.

Details included in the PIQ are designed to help a buyer decide whether to view a property and indeed whether to make an offer.

PIQ information will include such as

  • flood risk details
  • gas and electricity safety
  • service charges
  • which council tax band the house falls in
  • parking arrangements
  • any structural damage or alterations that have been made.

A HIP has to include a variety of documents, in addtion to the PIQ, including

  • Energy Perfomance Certicifate or Predicted Energy Assessment
  • Sale statement
  • Local Authority searches
  • Lease, if applicable

The Local Authority searches and Lease can still follow up to 28 days later if not available from the start.

In addition to the above, new houses also require a Sustainability Certificate.

According to the government website, as a result of HIPs, over a million homes now have energy ratings.

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