Contents of Home Information Packs (HIPs)

Mortgage Quote Line

0845 108 0505

• Mortgages
• Credit Cards
• Loans
• Investments
• Life Insurance
• Home Insurance
• Insurance

Contents of Home Information Packs (HIPs)

In theory, HIPs (Home Information Packs) will lower the risk of failed transactions, saving the estimated £1 million lost per day.

Most of the items included in a HIP already have to be provided, but costs for the pack are estimated to be between £600 - £700. Something called a Home Condition Report is an integral part, and this will need to be conducted by a qualified Home Inspector who is regulated by an approved certification scheme.

The contents of the Home Information Pack are expected to be as follows:

• Terms of the sale
• Evidence of title
• Replies to normal preliminary enquiries made by or on behalf of buyers
• Copies of planning approvals or consents, listed building information,and building regulations
• (If a new property) Copies of Warranty and Guarantees
• (If property has been repaired, worked-on) Copies of guarantees for work
• Home Condition Report, including Energy Efficiency Assessment

In addition, for leasehold properties:

• Copy or copies of the lease
• Copies of most recent service charge accounts and receipts
• Details of buildings insurance
• Any regulations made by landlord or by Management Company on behalf       of landlord
• Memorandum of landlord or Management Company

Some companies offering HIPs will also provide extras, either as incentive for choosing them or as a pay-extra option. These could include planning details for a radius around the house, crime rates, leisure facilities and school ratings.

Back to Home Information Pack Guide

Next >>