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HOME INFORMATION PACKS

Full roll-out of HIPs announced

The Government has announced that Home Information Packs (HIPs) will be rolled out to all properties from 14 December 2007.

The Government has also announced an extension of the temporary First Day Marketing (FDM) provisions for an additional 5 months to allow for full flexibility (from 1st January to 1st June 2008)
Currently, any property that was already on the market on the relevant commencement date (i.e. 1 August 2007 for sales of homes with four or more bedrooms; 10 September 2007 for those with three or more bedrooms and 14 December for all remaining properties) does not need to have a HIP.
No date has yet been set when all properties that are on the market will be required to have a HIP.
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