What are the new rules for HIPs from April 6th 2009?
Important Changes The first change is that, from this date, the Home Information Pack will need to be available from the first day your property is put on the market. The second is to the HIP itself, which will now contain a new Property Information Questionnaire (PIQ). The PIQ, which you will need to complete, will provide a summary of key information about your property in one place. This compulsory one-stop checklist gives buyers information they need to know before making any decision. First-time buyers, with little experience of buying a home, will find this particularly helpful. The PIQ aims to reduce unnecessary delays caused by information coming to light later in the home selling and buying process. By ensuring that common questions are answered at the beginning, and before sellers or buyers invest heavily in a transaction, unwanted surprises can be avoided later on. These changes are being introduced to HIPs so that better information is available from the first day a propert
