Home information packs

All properties marketed for sale from 14 December 2007 in England and Wales will need a Home Information Pack.

Now you need one of these, if you are selling through an agent or if you are selling privately. You must have commissioned the hip with the time that you market your property.

The Pack includes an energy performance certificate that contains advice on how to cut fuel bills and carbon emissions. This includes documents such as a sale statement, searches and evidence of title.

As at the time of writing, any property that was already on the market the relevant start date (being August 1, 2007, for sales of homes with four or more bedrooms; 10 September 2007 for those with three or more bedrooms and 14 December for all properties) does not need to have a HIP.

Sides include mandatory and optional document.

Documents required are:

-an index (i.e. a list of the contents of the hip);

-a statement of sale (which summarizes the conditions of sale;

-proof of title;

-standard research (local authority enquiries and a drainage and water search);

-an energy performance certificate (EPC);

-commonhold information (where applicable); and

-a copy of the lease (where appropriate).

Documents that are optional include:

-a Home Condition Report (HCR);

-more information rental;

-guarantees and warranties; and

-other research relevant to the particular area.

Some estate agents claim that they give you a free HIP if you selling their home with them. Well, it may be true ... but you have to watch the small print carefully. Very little is free in life and attention hidden "links". For example, if you change your mind about selling through that agent, you usually have to pay the entire cost back. Often they don't allow you to use the hip to sell with another agent, or, as the "brand" for their agency. Hmmmm.

Open your eyes and check out other options.








In part 7 of this series of articles that you can know to enhance your property, marketing and driving travelers ... What's really involved.

http://www.MySaleAgreed.com-sale of private property for free-you're a free agent!

Mike Paterson
Love life; 'll love you