10 March, 2010

Kingfields Solicitors

 

Welcome to the HIPS solutions

As from August 2007, it will be compulsory for anyone selling a house or flat in England and Wales to put together a 'Home Information Pack', the pack will contain a set of important documents that are vital to the legal purchasing of property.

hipsolutions pack

The documents deal with the key areas and key questions that a buyer would need to raise prior to agreeing any sale.

Including the following:-

  • Property information forms
  • Fixtures, fittings and contents form
  • Copies of the title deeds proving the sellers title
  • Replies to standard searches
  • Warranties and guarantees to any building works
  • ‘Home Condition Report’
    This is similar to a survey report and shall include details of how energy efficient the property is.
  • For Leasehold properties
    This will also include service charge information, Copy of the lease and any other relevant regulations made by the landlord in respect of the building or estate of which the property forms part.

The aim of the scheme is to front load all the information a buyer needs before the transaction gets under way.

Kingfields 'HipSolutions' pack provides Estate Agents, Home owners and property developers with all the information they required to proceed with a transaction.