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BUYING CHECKLIST

Step by step guide to buying a home in Milton Keynes

FAQ

Questions about buying a home

MORTGAGE GUIDE

Financing your property

HIPS / EPC

What are HIPs?

HIPs stands for ‘Home Information Packs’. All residential property in England and Wales now has to have a HIP before it can be ‘marketed’. A HIP is a written report detailing basic information about the property and the surrounding area. The HIP is designed to improve the home buying and selling process by making relevant important information available up front.

Who will Prepare the HIP and What is Included?
The HIP document will be prepared by a Qualified Provider. Compulsory elements include details of the title (legal ownership) of the property, local authority ‘searches’, lease details (if applicable) and an Energy Performance Certificate (EPC) by a qualified surveyor – giving information about the property’s energy efficiency.

Alan Francis has links to leading HIP providers who will produce the pack as quickly as possible in order not to lose valuable marketing time.

Who will pay for the HIP?
The responsibility of paying for the HIP is normally with the seller. Various payment plans can be offered – to discuss this further, please call Alan Francis on (01908) 675747.