A HIP provides information about a property, up-front and in an easy-to-follow format.
The HIP will contain information at the first point of marketing that used to be compiled by a solicitor at the conveyancing stage of the house sale. This enables potential buyers to make an informed decision before they put in an offer.
All types of property must provide:
- An index - a list of all the documents included, and any that are missing
- An Energy Performance Certificate
- A Sale Statement - basic information about the property
- Evidence of Title - an up-to-date, official record of who owns the land
- Local Authority searches
- Drainage and Water searches
- Leasehold properties must also provide documents relating to the lease
Energy performance certificate
The seller must have their property certified by a licensed Energy Inspector. The certificate will provide a rating graph to show how energy efficient the building is, and the likely energy costs of occupying the property.
To find out more about HIPs and how they could affect you, download 'Our Guide to HIPs'.