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Up to date guidance notes released on HIPs in the lead up to the implementation date

 

11th May 2007

 

The official HIPs procedural guidelines have just been released by the government following their passage through the parliamentary system.

The guidelines deal with the process from an industry perspective rather than a consumer one. They outline what the pack should contain, how it should be comprised and what areas need to be covered. In a direct quote from the press release:

 

"The guidance is aimed at property professionals involved in the home buying and selling process, including solicitors, licensed conveyancers, estate agents, auctioneers, builders, property developers, surveyors, home inspectors, energy assessors, personal search companies and mortgage lenders.

 

The guidance will also be of interest to new companies specialising in producing Home Information Packs for the market and sellers who wish to assemble their own packs.
 

The guidance is also relevant to local authorities and Drainage and Water Companies in their role as providers of search information. Local authorities also have an interest as housing authorities, as do housing associations. Local authorities are also responsible for the enforcement of the Home Information Pack duties, together with the Office of Fair Trading, and will be interested in this aspect of the guidance"

 

 

A link to the notes can be found here:

 

HIP PROCEDURAL GUIDANCE NOTES



 

 

* THIS SITE IS FOR INFORMATION PURPOSES ONLY *

 

 

 

 

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