Summary of recent alterations to the HIP regime

2nd April 2007

Official announcement from the Government website dealing with the implementation of the Home Information Pack regime in England & Wales.

The Home Information Pack Regulations 2007 were laid before Parliament on the 30th March 2007.

There has been a significant amount of discussion and consultation with industry figures and with stakeholders to fine tune the HIP policy.

Following the consultation in January, we have made a small number of changes, taking on board the comments received.

"As a result, the Regulations require that:

For a transitional period, sellers can market their homes with a HIP that includes the Energy Performance Certificate (EPC), sale statement, evidence of title and index;

and evidence that other documents have been commissioned and will be included in the pack as soon as practicable (and certainly within 28 days);

 
The EPC is included as the first document in the pack, following the index;
 

For those properties that cannot have an EPC — such as those bought ‘off-plan’ — a separate energy assessment will be included;

The duty to refresh time-sensitive parts of the HIP will not arise where the property is re-marketed by the same seller within one year of the original marketing date;
 

Personal search companies will be allowed to use insurance immediately for those parts of the search where they cannot gain access to data. This will only apply for a transitional period until April 2008;
 

Properties already on the market by 1 June 2007 will not need a HIP unless they remain on the market after 31 December 2007.
 

Source and content - official government website

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