A Beginner's Guide to Home Information Packs

What are HIPs?

HIPs are 'Home Information Packs'. All residential property in England and Wales now has to have a HIP in place before it can be ‘marketed’. A HIP is a written report detailing basic information about the property. It is intended to inform potential buyers and to avoid the problem of house purchases falling through.

The HIP document will be prepared by a qualified inspector. It will have to include details of the title (legal ownership) of the property, local authority ‘searches’, lease details (if applicable) and an Energy Performance Certificate (EPC). The EPC will give information about the property’s energy efficiency.

In addition to the compulsory elements, the government is recommending that HIPs also contain additional information on the physical condition of the property, including any relevant warranties or additional searches. This ‘Home Condition Report’ was originally going to be compulsory, but it will now be up to the seller to decide whether to include it or not.

BrightSale has a market leading HIP partner. If you decide to use BrightSale to organize your HIP we will take care of all of the HIP administration. A fully qualified, government certificated HIP inspector from a nationwide company will call at your property. Your HIP will then be drawn up and will be lodged with BrightSale for buyers to read.

Are there any Exemptions?

Yes. If you are marketing a residential property you will need a HIP unless your property qualifies for one of the following exemptions:

  • Property has been on the market since before 1st August 2007.
  • Property is outside England and Wales (e.g. in Scotland).
  • Property is commercial (not residential).
  • Property is used as holiday accommodation.
  • Property forms part of a portfolio (i.e. apartments).
  • Property is unsafe, unoccupied or unsuitable for occupation.

What will be in my HIP?

A HIP contains two parts: 1) a compulsory section containing details of the title (legal ownership) of your property, local authority ‘searches’, lease details (if applicable) and an Energy Performance Certificate (EPC) and 2) a optional Home Condition Report.

The cost will vary and will depend on whether the seller opts for the optional Home Condition Report. HIPs are expected to cost between £250 to £450 per property.

Who will pay for it?

The responsibility of paying for the HIP will be with the seller.

Does someone have to visit my property?

Yes.

How long will it take ?

It is hoped that HIPs will be turned around in 4 - 5 days.

If you have any questions relating to HIP's or the sale of your property, you can contact our team on 0800 231 6363 or email us.