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What documents are needed for the Home Information Pack? An index of documents in the pack A sale statement Evidence of title Replies to searches made of the local authority Replies to searches made of the local water authority An Energy Performance Certificate (Unfinished properties will require a predicted EPC)
From April the 6th 2009
The first day marketing rule As of April 6th 2009, property marketing cannot commence unless the HIP contains: ● A completed Index
● A completed PIQ
● An Energy Performance Certificate (EPC) or Predicted Energy Certificate (PEA)
● A completed Sale Statement
● Title Documentation (or a SIM if unregistered)
● Property searches and leasehold information must be requested and obtained within 28 days (but will not delay marketing) This means that you (or your estate agent) can’t erect a ‘for sale’ board, list the property online or in the local newspaper, or do anything else that can be constituted as ‘marketing’ without the above components being completed first. Any delay in getting these basic HIP components will prevent you from marketing your property, which could mean that you miss out on important viewings from serious buyers. The Property Information Questionnaire (PIQ) A new edition to the HIP is the PIQ. Details in the PIQ will include flood risk information, gas and electricity safety, service charges, structural damage, and parking arrangements to help buyers make decisions on whether to view and purchase a property. As it is the vendor who needs to complete this form, you will need to consider how you will go about getting this form completed. Delays in getting the PIQ completed will delay the property going onto the market. What will you need if you live in a leasehold flat? A copy of the lease Regulations made by the landlord or management company The most recent service charge accounts and receipts Building insurance policy details and payment receipts Memorandum and articles of the landlord or management company
Are there any properties which will not need a Home information Pack?
Non-residential properties Mixed commercial and residential properties Tenanted Properties Properties with leases of 21 years or less left to run
How long does a Pack last for?
While the property is on the market, there is no need to update the Home Information Pack (ultimately, the market decides whether the documents remain acceptable and up to date).
If the sale of your property stops and then starts again, you would normally be required to assemble a new Pack and to update those documents which are now out of date according to the requirements of the Home Information Pack Regulations. However, the seller can carry on using the same Pack without the need to update any of the documents in the following circumstances: Where marketing stopped because the seller accepted an offer and wants to restart marketing because the sale has fallen through, provided that remarketing starts within one year of the date when marketing first began or, if later, within 28 days of the sale falling through. Where marketing has stopped for any other reason, the seller may remarket the property with the same Pack provided that remarketing starts within one year of the date when marketing first began. For a quote please contact info@EnergyAssessmentSouthwest.co.uk |
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