Q. When will home information packs (hips) be introduced? A. Home information packs (hips) will be introduced in the early part of 2007, it is also planned there will be a ‘dry run’ mid 2006.
Q. Who will require a home information pack (hip)? A. Once it becomes law, home information packs will be required by anyone selling a residential property, even if they sell the property privately i.e. not through an Estate Agent.
Q. What will the Home Information Pack (Hip) contain? A. The home information pack will contain in brief.
A home condition report (similar to a RICS homebuyers report)
Copy of local searches
Sale particulars
Copies of any guarantees or warrantees
For more detailed information see home page.
Q. How much will the Home Information Packs (Hips) cost? A. This very much depends on the market, but early indications are they will cost £500-£1000 depending on location and price/size of the property.
Q. When will I be able to order a home information pack from Hipsco? A. You will be able to obtain Home Information Packs (Hips) from Hipsco from early 2006.
Q. How long will Home Information Packs (Hips) take to arrive once ordered? A. Home Information Packs (Hips) ordered from Hipsco will take 3-7 days to arrive (depending on the speed of the Home Condition Report (HCR).
Q. What can I do to keep myself up to date with the forthcoming Home information Packs (Hips)? A. Simply register with Hipsco and you will receive regular updates via our Hips E-news.
