Property News > Avoid The Cost of Home Information Packs (HIPs)

Avoid The Cost of Home Information Packs (HIPs)

From August 2007 anyone who is selling a property will need to have a Home Information Pack or HIP. It's estimated that the average cost of producing these packs will be £600 per property - a lot of money at a time when expenses are high, but with Property Rescue you can avoid that cost altogether.What is a HIP?The HIP has to be put together by anyone who is selling or marketing their home. It will contain information about your property that will be useful to your buyer. For example, it will show the energy efficiency rating of your home and will contain certain legal documents, such as evidence that you are the existing owner. There is also the opportunity to include reports on the current condition of your home, and although this isn't essential it will give buyers a good indication of any work they'll need to do when they move in.How do I get a HIP?A HIP is made up of documents provided by experts. If you sell your home in the normal way you'll need to have Energy Performance Certificates from an accredited assessor and legal documents from a solicitor. This all means work and money! With Property Rescue you don't even need a HIP. You won't have to find the extra cash to pay for all these documents because selling to Property Rescue means that a HIP isn't required.How can I find out more about HIPs?The government has set up a website to give sellers and buyers information about HIPs and what they need to do. You can find it at www.homeinformationpacks.gov.uk, but remember, if you sell through Property Rescue the cost of a HIP is avoided. Property Rescue will be pleased to explain all your legal obligations under the new law and answer any questions about HIPs you may have.Contact Property Rescue today for a free no obligation valuation of your home. Property Rescue guarantee to buy your property, no matter what its location or its condition.From August 2007 anyone who is selling a property will need to have a Home Information Pack or HIP. It's estimated that the average cost of producing these packs will be £600 per property - a lot of money at a time when expenses are high, but with Property Rescue you can avoid that cost altogether.

What is a HIP?

The HIP has to be put together by anyone who is selling or marketing their home. It will contain information about your property that will be useful to your buyer. For example, it will show the energy efficiency rating of your home and will contain certain legal documents, such as evidence that you are the existing owner. There is also the opportunity to include reports on the current condition of your home, and although this isn't essential it will give buyers a good indication of any work they'll need to do when they move in.

How do I get a HIP?

A HIP is made up of documents provided by experts. If you sell your home in the normal way you'll need to have Energy Performance Certificates from an accredited assessor and legal documents from a solicitor. This all means work and money! With Property Rescue you don't even need a HIP. You won't have to find the extra cash to pay for all these documents because selling to Property Rescue means that a HIP isn't required.

How can I find out more about HIPs?

The government has set up a website to give sellers and buyers information about HIPs and what they need to do. You can find it at www.homeinformationpacks.gov.uk, but remember, if you sell through Property Rescue the cost of a HIP is avoided. Property Rescue will be pleased to explain all your legal obligations under the new law and answer any questions about HIPs you may have.Contact Property Rescue today for a free no obligation valuation of your home. Property Rescue guarantee to buy your property, no matter what its location or its condition.

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