EFS MORTGAGES.COM

Home Information Packs are now a mandatory requirement for those looking to sell a property comprised of three bedrooms or more.

A Home Information Pack contains a set of documents to help a prospective buyer with their decision.  It is hoped that HIPs will speed up the selling process, provide  confidence to the buyer and reduce the level of property transactions that fall through.  Once you have ordered a HIP you can put your property on the market.

Energy Performance Certificate

This document gives information on the energy efficiency level of the property. You will need a licensed Home Inspector to visit the property to take various readings at an agreed time convenient for you. It may be a good idea to get a CORGI approved engineer.

Sale Statement
This item gives a brief detail of the terms of the sale, estate agents, solicitors and buyer and seller information.

Evidence of Title

This consists of a Land Registry document which details the legal ownership of a property. 

Local Searches

These include the local authority search detailing any statutory provisions affecting the property (e.g. planning permissions or new road schemes) also water and drainage searches. 

Some conveyancing firms have warned against relying on local searches and ask propective buyers to carry out a full local authority search for information that may not appear on a local search.

Leasehold or Commonhold Details

These are additional details which are only required if applicable to the property.
                                                                

Non-residential properties 

Holiday accommodation

Mixed sales (e.g. shop with flat)

Right to buy

Private sales (ie sale to family member)

Sales of portfolios of properties