The Government has announced that from 14 December 2007 HIPs will be required for ALL properties being sold in England and Wales.

The introduction of Home Information Packs by the Government is designed to make the home buying and selling process more consumer-friendly, quicker and easier to understand.   By providing key information in advance, buyers will be able to make a more informed decision and avoid possible delays. 

The Pack includes an Energy Performance Certificate, containing advice on how to cut carbon emissions and fuel bills.  Also included are documents such as a sale statement, searches and evident of title.

Existing MHO leaseholders will be responsible for ordering a HIP, providing evidence to MHO that the HIP has been completed, so that the marketing of the property can commence. A complete copy of the HIP will need to be available before Exchange of Contracts so that the sale of the property can complete.

Although there are many HIP Providers on the market, we would suggest that you contact a Provider who specialises in the intermediate housing market or the Solicitor who is acting on your behalf. 

MHO are pleased to advise that they have an arrangement with 2 companies called The Bespoke HIP Company & Moving Advisers Limited to provide HIPs to our existing Leaseholders.  The benefits of using one of these HIP Providers are as follows:-

• Quality, professional service
  
• Local HIP Advisors
• Competitive fees – from £289 + VAT
• Range of finance options for Leaseholders
• Available 7 days a week for your convenience

Most Solicitors are offering a service to their customers and you should contact your chosen Solicitor for further advice and a quotation.

For more information on HIPs please do not hesitate to contact your representative at MHO or go to www.homeinformationpacks.gov.uk