Home Information Packs have finally gone live on all homes with four bedrooms or more after months of criticism and speculation.
According to the Association of Home Information Pack Providers (AHIPP) the pack will bring together information previous gathered throughout the purchase process. It will include standard searches, sales statements and evidence of title.
The packs will also feature an Energy Performance Certificate (EPC), which will rate a home’s energy efficiency and make suggestions on how to cut carbon emissions.
AHIPP says a number of rumours about the packs have been spread by the Tory party and other groups opposed to the packs and AHIPP wishes to dispel such myths.
AHIPP says that people will not re-brand their homes as ‘three bedrooms and a study’ because this would significantly impact the value of their home, far more so than the cost of a HIP.
AHIPP also claim that people will not fudge the date a house went on the market as many consumers will now be looking for a HIP and will be suspicious of any property without one.
A rumour was also circulated saying that sellers could order a HIP and then cancel the order to avoid paying for the pack. However, this would be illegal and breaks the HIP Code, which 90% of providers have signed up to, according to AHIPP.
Mike Ockenden, director general of AHIPP, comments: “There has been much mis-information and misguidance from various opposition spokespeople but the reality is that HIPs are here and we now need to embrace them and ensure their smooth and successful implementation for the benefit of all involved.”
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