News

HIPs to provide more information

The Government has announced new measures to provide more details in Home Information Packs (HIPs) and ensure that they are available as soon as a house is put on the market.

From 6th April 2009 sellers will have to include a Property Information Questionnaire (PIQ) covering areas such as the property's service charges, flood risk information, structural damage, gas and electricity safety and parking arrangements. The PIQ will also apply to leasehold properties and will include a summary of leasehold arrangements.

The PIQ will be in addition to the documents that are already required such as Energey Performance Certificate, evidence of title and searches.

HIPs will also have to be made available from the first day of marketing rather than the current ability to supply one within 28 days.

 

Please contact Roger Stone at Chichester or Sarah Evans at Selsey for more information.

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