HIPs changes

The laws surrounding Home Information Packs (HIP) changed on 6th April 2009.

Unfortunately, for as long as we have a Labour government, it seems certain that HIPs are here to stay and there have been a number of changes made to the legislation surrounding them. From April 6th 2009 all vendors must have a HIP in place before you market a property in order for potential buyers to have access to the information straight away.

It is now a requirement that all HIPs include a Property Information Questionnaire (PIQ) which will provide information on gas and electricity safety, flood risk, service charges, parking and any structural damage. The idea is that potential buyers will be able to make more informed decisions to buy and are therefore less likely to pull out at a later stage. This form is available to download from our website, simply fill it in and add it your HIP for potential buyers.

At ContractorFinancials we recognise that HIPs are a necessary evil for sellers and for that reason we have teamed up with an award winning HIP provider to offer Contractors value for money and a hassle free HIP. The great news is that we are also able to offer a further £50 off the price of your HIP if you book your conveyance survey at the same time.

Return to Articles page