Monday 6th February 2012
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The latest legal news
Hips are history for now but the EPC is not affected
The coalition government has suspended the use of Home Information Packs (Hips) by home sellers.
Hips were introduced in 2007 in England and Wales.
The aim was to speed up the house selling process by obliging sellers to provide much of the required conveyancing information when properties are first put up for sale.
The packs are paid for by sellers and contain property information, title deeds, and local searches.
"Today the new government is ensuring that home information packs are history," said Housing Minister Grant Shapps.
"By suspending home information packs today, it means that home sellers will be able to get on with marketing their home without having to shell out hundreds of pounds upfront.
"We are committed to greener housing so from now on all that will be required will be a simple Energy Performance Certificate," he added
If you'd like to talk to a member of our conveyancing team and find out how we can help you, please call us on 020 8858 6971 or e-mail conveyancing@grantsaw.co.uk
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