Home Information Packs are here!
The whole idea of the packs has been controversial from the outset.
Some warn that it will add an unnecessary layer of expense and bureaucracy to the house selling process - but others argue that it brings much-needed transparency
The packs contain information that will be useful to any potential buyer.
Copies of title deeds, any recent planning permission or building consent given on the property, a local area search and an energy performance certificate will all be in the pack.
Under the rules, everyone who puts their property up for sale in England and Wales will be legally obliged to produce a HIP as of 14th December 2007. Failure to produce a HIP can lead to a substantial fine
Energy performance certificates - what are they?
The idea of the certificate is that, at a glance, would-be buyers will be able to see the property's energy efficiency - a bit like when they buy a fridge.
The homeowner will also be presented with some tips on how the energy efficiency of their home can be improved.
Energy performance certificates kill two birds with one stone - providing information for homebuyers and ensuring the UK complies with an EU directive which comes into force in 2009.
However, the cost of having a property's energy performance assessed has been estimated at anything from £100 to £150.
Packs will include
- Evidence of title
- Copies of planning, listed building or building regulations consents
- A local search
- Guarantees for any work on the property
- An energy performance certificate.
Palmer Collins have the solution to all of your HIP needs. We are using a Home Information Pack provider that integrates with our state of the art estate agency software system. This provider offers a range of options including payment upfront & defered payment and including or excluding a conveyancing option.
Conveyancing
Choosing the right solicitor/conveyancer to handle the transaction of your property is vitally important and cannot be under-estimated.
Choosing the wrong conveyancer could cost you many weeks in the transaction process and could ultimately lead to the whole sale falling through.
Palmer Collins would be delighted to offer you advice on the alternatives available to you, ranging from 'fixed fee', 'no sale - no fee' conveyancers integrated with our software, to recommendations for good local solicitors who we believe, based on our dealings with them, provide a first class professional service.
Either call in to discuss things in our Longbrook Street Office or telephone us on Exeter (01392) 49 65 66.
