Property HIPs – Find Out Why It Is Important
If you are a landlord, you will need Home Information Pack (HIP). You will require this before you start marketing or before putting the house on sale. If you are currently marketing a property for sale and you do not have a HIP, you may be placed under the breach of the regulations and also face a hefty fine. From 6 April 2009, the full Home Information Pack must be completed, including the PIC before marketing can begin. You can also avail home information packs let properties.
Are you wondering who can provide HIP? You can get it from a party selling property who is responsible for providing a Home Information Pack. If you are a buyer, you must be provided with a copy of the Home Information Pack, except where the seller believes that the buyer can't afford the property, isn't genuinely interested or is a risk to it. If you do not have sufficient time to go around and check for yourself on the HIP, you can also look online. The online home information packs are available easily.
In case, you feel you are being denied a copy unlawfully, you can contact a local authority trading standards officer who will look into the case. If you are wondering you may have to pay for a HIP as a prospective buyer, the answer is no. The Home Information Pack (HIP) is free for buyers, although the seller may ask the buyer to cover the copy and postal fees. However, our insurance partners do not provide commercial HIPs. You can receive HIP within 3-4 working days. Your HIP will be delivered to you in a PDF format. HIP packs for landlord property must be availed by all the landlords, reach out HIP specialists and clear your ambiguities.