Home Information Packs - a guide for managing agents and landlords
Introduction
A Home Information Pack (HIP) is now required for most homes put on the market with vacant possession on or after 14 December 2008. There are a few exceptions, including mixed-use properties (such as a flat and shop being sold together), portfolio sales, or sales of properties with leases originally granted for less than 21 years.
Anyone marketing a home for sale in England and Wales, whether they are an estate agent or auctioneer, a housing developer, or a private individual is responsible for ensuring that a HIP is in place and made available to potential buyers.
HIPs are designed to bring information upfront to increase certainty and inform buyers about a property before they incur costs. Informed choice by buyers at the start of the process will help reduce delays later on and reduce wasted time for sellers.
This guide is aimed at managing agents and landlords. It outlines when a HIP is needed, the responsibilities of landlords and managing agents and the documents which must be included in HIPs for leasehold properties. For general guidance on HIPs and information for other types of business, see our section on Home Information Packs.
Subjects covered in this guide
- Introduction
- The role of managing agents and landlords
- Leasehold documents to include in a Home Information Pack
