HIPs - Home Information Packs
How much does a HIP cost?
A HIP from Phoenix Eco costs
Freehold properties
£229 + vat
Leasehold & Share of Freehold properties
£249 + vat
There is extra charge of £25 for owners who do not provide a copy of their lease.
Large properties over 200m2 / 2000 Sq. ft will incur an extra charge (please contact us for a quote).
How long does it take to get a HIP?
If we have received payment and all the necessary documentation we need from you, we can have a marketable HIP ready within 3 working days and a completed HIP 3-4 weeks from when you first place your order.
Who needs a HIP?
Anyone wishing to sell their property.
Why should I choose Phoenix Eco to prepare my HIP?
We provide excellent value, and a friendly, efficient service with assessors based locally to you.
We are committed to getting assessments right first time, every time. Our assessors are accredited by NHER and BRE, the two leading professional bodies in the UK. We will take the strain by arranging your assessment and taking care of every part of the process of putting together your HIP.
What is a HIP?
A Home Information Pack is a collection of documents containing information that helps a potential buyer of property make an informed decision about whether or not to buy.
It contains:
- Home Information Pack Index
- Property Information Questionnaire (PIQ)
- Energy Performance Certificate
- Sale statement
- Land Registry evidence of title
- Private Local Authority Search
- Drainage and Water searches
- A copy of any lease, or share of freehold agreement
- A HIP for a newly built home must have a certificate (or interim certificate) showing the rating that the home has received in respect of the Code for Sustainable Homes or a nil-rated certificate showing that the home has only been designed to meet current Building Regulations.
Before marketing can begin, you will need the following HIP documents:
- Home Information Pack Index
- Completed Property Information Questionnaire
- Energy Performance Certificate
- Sale Statement
- Land Registry evidence of title
What is the PIQ?
The intention of the PIQ is to provide the buyer with a helpful checklist of information as they view the property.
When is a HIP required?
A HIP is required when a residential property is sold. 28 days are allowed from point of marketing to provide a completed HIP.
How long are they valid for?
As long as the property is marketed continually, the HIP remains valid until it is sold. If the property is taken off the market whilst 'under offer' and the sale falls through, the same HIP may be used as long as the property is re-marketed within 28 days of this happening, even if this time is more than 12 months from the first point of marketing. If the property is taken off the market and re-marketed within one year from the first point of marketing, the same HIP may be used.
Certain documents cannot be more than three months old for initial marketing purposes - these are:
- Official Land Registry copies/official search of the index map
- Local searches
- Water and drainage searches
The Energy Performance Certificate can be up to three years old and be included in a HIP, they are valid for ten years otherwise.
There is no obligation to update any documents in the HIP whilst the property remains on the market.
Similarly, if the property had a sale agreed which subsequently fell through outside 12 months from initial marketing but was not re-marketed within 28 days; a new HIP would be required.