Home information packs are FREE when you sell your Property through Paul Browns of Dover.

To find out more call 01304 240801 and book a Free valuation.

HIPS-Home Information Packs explained.

As of the 14th December 2007 all properties marketed for sale in England and Wales will require a Home Information Pack (HIP).

What's in a home information pack?

The Home Information Pack contains important information that buyers and sellers need to know. Home Information Packs including Energy Performance Certificates have been implemented on a phased basis, which started on 1 August 2007.

For sellers, providing a Pack upfront should reduce the likelihood of any nasty surprises in the selling process that could delay the sale, as buyers will be able to make more informed decisions about purchasing their home.

For buyers, the Pack provides essential information about properties they are considering buying, free of charge.

What does a pack contain?

Compulsory Items

The following compulsory documents must be included in a Home Information Pack.

Home Information Pack Index
Energy Performance Certificate
Sale statement
Standard searches
Evidence of title
Additional information for leasehold and commonhold sales, where appropriate.

How much will it cost?

The cost to sellers of Home Information Packs will be set by the market. When you send a Pack to a prospective purchaser, you must not charge for the Pack itself, but you may make a reasonable charge for copying and posting it. The only new cost in the buying and selling process, which is borne by the seller, is for an Energy Performance Certificate, but this is a small fraction of the overall cost of buying and selling a home - and opens up the possibility of lower fuel bills and more energy-efficient homes in the future. All buyers get the information for free - so the Pack will be of particular benefit to first-time buyers. The overall costs of buying and selling a home will be similar to now, but will be spread more evenly between buyers and sellers. (Source, hips.gov.co.uk)

Home information packs are FREE when you sell your Property through Paul Browns of Dover.

To find out more call 01304 240801 and book a Free valuation.