May 29
A Home Information Pack HIP is a set of documents with useful information about a property in the open market for sale.
Originally Home Information Packs were introduced to check the rampant mismanagement, the gazumping, and delay in the home selling and buying process. A Home Information Pack makes the transactions transparent and fast.
Home Information Pack information can be divided under required and authorised. The Home Information Pack Index, Local Authority and Drainage Searches, Energy Performance Certificate, Sale Statement/Terms of Sale and the title documents for the property comprise the needed information.
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