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What's in a Home Information Pack?
The Home Information Pack contains important information that buyers
and sellers need to know. From 1 June 2007, anyone marketing a property,
or their representative, will be legally required to have a Home
Information Pack and make it available to potential buyers of the
property.
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?
A Home Information Pack includes documents that are required
when homes are bought and sold. Some documents are mandatory and
others optional.
The mandatory documents are:
An index (ie a list of the contents of the HIP)
A sale statement (summarising the terms of sale)
Evidence of title
Standard searches (ie local authority enquiries and a drainage and
water search)
An Energy Performance Certificate (EPC)
Commonhold information (where appropriate)
A copy of the lease (where appropriate)
Documents that are optional include:
A Home Condition Report (HCR)
Additional leasehold, information
Guarantees and warranties
A Home Use Form (Standard enquiries)
A Home Contents Form
Other searches relevant to the particular area
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