Estate agents believe that Home Information Packs are discouraging homeowners from putting their property up for sale and stunting market recovery. A survey of members by the National Association of Estate Agents revealed that one in ten agents believed that the number of people selling would double, if HIPs were taken off the market. A [...]
The planning of Home Information Packs becomes a compulsory requirement for anyone putting a home up for sale from 1st August 2007. Home Information packs were contained into the new Housing Act 2004, whereby homeowners or their appointed selling agents now have a legal duty to have Home Information Packs available for potential buyers at [...]
It is legal requirement that you have Home Information Packs in place on the day you put the property on the market, if you are selling your property in England or Wales. The estate agent will not be allowed to market your property unless the HIPS are available, from 6 April 2009. Your estate agent, [...]