HIPs - How Did We Get Here?

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Somewhere back in the mists of time (well, 10 years ago!), a politician lost the sale of his house as a result of something nasty turning up in a survey that caused his purchaser to pull out of the deal at the last minute.

As a result, he had a brainwave – if everyone knew about the condition of the property before they made an offer, sales would be more secure, and there would be no last-minute renegotiation. If, in addition, all the legal documents relating to the sale could be assembled before the property was marketed, transfers would be quicker and less stressful. Thus was born the Sellers Pack, now know as the Home Information Pack (HIP) for home owners in England and Wales. Since that early concept, the Pack has been through many changes, some practical, some political, so that what we have now is w...

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