No HIP's Pack Needed
BUY HOMES NOW is a private buyer of your property. As such, you do not require a Home Information Pack to sell your property to us.
By selling your property to BUY HOMES NOW, you will save £400 - £800 in selling fees, which would usually be requested upfront, rather than on completion of the sale. So if your uncertain of selling with an estate agent and testing the market, it would cost you at least this much to do so.
What is a Home Information Pack?
- A Home Information Pack (HIP) - or sellers pack - is a file of documents which provide information about a residential property. Every property vendor using an estate agent to sell their home needs to have a Hips in place before you start marketing the property.
- HIPs will have to include evidence of the property's ownership, a copy of the lease (where appropriate), standard searches (such as local authority, drainage and water), copies of the home warranty (for properties less than 10 years old) and an Energy Performance Certificate (EPC).
- EPCs will be issued by qualified inspectors, who will assess your property for its energy efficiency. Homes will then be given a grading from A to G - similar to the energy efficiency gradings awarded to fridges and washing machines.
- It is estimated that a standard HIP will cost in the region of £400 to £800. However, sellers also have the option of adding a Home Condition Report (HCR) to their HIP, which will add another £300 to the total cost. An HCR includes a basic structural survey of the property.
