HIPS

hips2It is now a statutory requirement for all homeowners in England and Wales to order a Home Information Pack (HIP) before placing their property on the market for sale with an estate agent. In Scotland these are called Home Reports. HIPs or Home Reports are designed to make the process of buying or selling a property quicker and easier by providing key documents when the property is first put on the market. Their purpose is to enable a more transparent and efficient service, whilst reducing the number of failed transactions.


Previously, most of the information included in the ‘legal pack’ was only produced after an offer had been made and accepted, so if there were any problems these would often only come to light several weeks later, by which time the parties to the sale may have incurred expensive legal and survey fees, search fees, etc. This would often cause frustration and delay, sometimes lead to the terms of sale being renegotiated, buyers being ‘gazumped’, or the sale collapsing altogether.


HIPs/Home Reports contain a collection of important documents required when a property is bought or sold, including legal searches, land registry documents and an energy performance certificate (EPC) - intended to advise how energy efficient or ‘green’ a property is. These are compulsory documents for all properties; leasehold properties will require some additional information.


Other documents and reports may be included in HIPs - for example an NHBC (New Homes Building Certificate); other guarantees, warranties and searches; and a Home Condition Report.


The Benefits of Obtaining your HIP through Retirement Homesearch:


We have the expertise and resources at hand to assemble your HIP/Home Report  to the highest standard, swiftly and efficiently, ensuring that your property arrives on the market for sale at the earliest opportunity.


As a consequence of our close working association with Peverel Retirement - who manage all of the retirement developments in our sales portfolio - we enjoy direct access to their Legal Services team, which can accelerate the provision of essential information for HIPs.


And, through our close ties with leading legal firms, we can even introduce you to a solicitor to handle the conveyancing for you, at competitive fees and on a guaranteed ‘no sale - no fee’ basis.


Unlike many high street estate agents, who offer a ‘free’ HIP to clients in return for signing them up to an extended term of engagement, often at an exaggerated fee, Retirement Homesearch offers a totally transparent, competitive, ‘no strings attached’ service, as befits a market leader.


To find out more:


Contact our friendly and helpful sales team on 0845 880 5560 for properties in England and Wales, or 0141 2482846 for properties in Scotland. Alternatively, email us at: enquiries@retirementhomesearch.co.uk

Retirement Homesearch Limited. Registered in England No. 3829469. A Peverel Group Company.
Registered Office: Queensway House, 11 Queensway, New Milton, Hampshire BN25 5NR