The Home Information Pack contains important information that buyers and sellers need to know.
Home Information Packs including Energy Performance Certificates will be implemented on a phased basis from 1 August. From then Packs will be required for the sale of four bedroom properties and larger, with smaller properties being phased in as soon as sufficient energy assessors are fully qualified.
These documents are processed over a period of approximately 7 days before the property is advertised for sale, compare that to the old system where the same documents could take 7 weeks to be compiled.
For sellers, providing a Pack upfront should reduce the likelihood of any nasty surprises in the selling process that could delay the sale, as buyers will be able to make more informed decisions about purchasing their home.
For buyers, the Pack provides essential information about properties they are considering buying, free of charge.