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18
Mar
Latest Hip
Information
A petition has been launched by pressure group
Splinta, campaigning for the sellers rights to put their home on
the market before their Home Information Pack (Hip) is
finalized.
From June the Hip would have to be completed before the owners
could market their properties, the compulsory Hips are for all
homes sold in England and Wales which are intended to give an
energy rating for property and hopefully speed up sales.
At the moment sellers must commission a Hip before they can put
their property on the market, but have a 28-day window for it to be
finalized.
Initially the packs were to include a report on the condition of
the property-and only applied to properties with at least four
bedrooms in August, than in September they became compulsory for
properties with three bedrooms, and in December for those with one
or two bedrooms.
1 June 2008 was the date the government gave in December for the
rules to be changed.
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