What are the benefits of marketing a property with a HIP?
Sellers: If a solicitor prepares the seller’s HIP the information contained will also be used with the conveyancing process. This will mean that when a sale is negotiated it should proceed more quickly as the solicitor will already be aware of the title information documents. If a pack contains ‘Authorised’ documents as well as the ‘Required’ documents (see below for further information) this will also help the transaction along as the buyer will have more information up front rather than receiving this during the transaction process. Buyers: The HIP will contain important information about the property at an early stage. There will be various types of packs and some may contain more information than others. All packs will contain an EPC and a recommendation report (see below) so the Buyer will be aware of how energy efficient the property is and what can be done to make it more efficient.
