Final phase of HIPs roll out announced

The Department for Communities and Local Government (DCLG) has announced that Home Information Packs (HIPs) will be required for all homes that are marketed for sale from 14 December 2007.

The DCLG has also announced two other important changes to the HIPs legislation:
  • The temporary "first day marketing" provisions will be extended from 1 January 2008 to 1 June 2008. These provisions are explained in Practice note, Home Information Packs: duties of sellers and estate agents.
  • For leasehold properties, only the lease itself will be required in the HIP. The requirement to include other leasehold documents will be re-introduced later. For information on the other leasehold documents that are currently required in a HIP, see Practice note, Contents of Home Information Packs.
NOTE ADDED: Secondary legislation has been made to bring these changes into effect (see Legal update, Secondary legislation made to implement HIPs changes).

Source: News release: Green ratings to benefit all home buyers (DCLG).
PLC Property


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