Industry info
From 14 December 2007, Home Information Packs will be compulsory for all homes being marketed for sale in England and Wales.
About the Packs
The person responsible for marketing a property must have commissioned a Home Information Pack by the time that the property is on the market. As soon as you have received the Energy Performance Certificate (a compulsory part of the Pack), you must provide potential buyers with a copy of the Pack, or any document from it on request and within the 'permitted period'.
The 'permitted period' is either 14 days following the request for copies, or, if later, the day on which a payment for copies is received.
Who needs a Home Information Pack?
HIPs are now required for most residential sales in England and Wales. There are some exceptions, including sales of mixed use properties and portfolios of properties. Homes that were put on the market before the date on which the requirement to have a HIP applied to them will not need one either: These dates are as follows:
- 1 August 2007 for sales of homes with four bedrooms or more
- 10 September 2007 for sales of homes with three bedrooms or more
- 14 December 2007 for all other properties.
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