INFORMATION PACKS – A NO SALE NO FEE SOLUTION!
|It is now
law that a residential property cannot be marketed for
sale without having a Home Information Pack (or HIP)
||A HIP contains
legal documents including the Land Registry Document,
Local Authority Searches, Water and Drainage Searches.
also include an Energy Performance Certificate that records
current and potential Energy Efficiency and Environmental
Impact Ratings of your property. These are represented
by a colour graph much like one might find on electrical
goods. Recommendations to increase energy efficiency
and lessen CO2 emissions are included.
HIP can be obtained from a HIP Provider. This is a company
who will gather the Legal documents and send an inspector
to carry out the Energy Report before sending on the
HIP to either the selling agent or the vendor. These
typically cost around £299 + vat.
at Potter and Co recommend however that the conveyancer
or solicitor who will do the conveyancing relating
to the sale of your property should also do the legal
work for the HIP.
This is invariably a cheaper option and if you do
not have your own favourite solicitor we can recommend
a local conveyancer or solicitor to prepare the legal
work for you.
We will carry out the Energy Report as part of our
service at the same time as obtaining the sale details
of your property, and this will be FREE
One of our options with local solicitors is that there
will be NO CHARGE for the search costs of the HIP if
there is no sale.
So in effect we can offer a NO
SALE – NO FEE Home Information Pack.
The total HIP will typically cost between £140
and £160 providing you use the conveyancer or
solicitor to conduct the whole of the sale process
to a successful conclusion.
Please do not hesitate to contact
us to discuss our
Home Information Pack solutions.