HIP FAQs

What does a HIP contain?

The HIP contains all of the documents and searches usually supplied to a buyer as the sale progresses. These are now, however, provided in advance by the vendor before a sale offer is agreed. In addition the HIP will contain an EPC - a new type of report designed to calculate the energy efficiency of your house.

Can I sell my home without a HIP?

Whether selling privately or through an estate agent, all residential properties now must have a HIP by law. You cannot market any qualifying property, even informally, without a HIP.

How long will it take to compile my HIP?

Team estate agents have access to a solution driven by innovative technology and underwritten by service guarantees. For a registered freehold title we would expect to complete the HIP within ten days of receiving your instruction to sell.

What do these changes intend to achieve?

The intention of the legislation is to bring more transparency to the home buying and selling process so that any potential buyers of any qualifying property will have access to a pack containing all of the information they or their advisers may need to see before an offer is made and accepted.

How do I obtain a HIP?

If you are intending to instruct a Team agent then the answer is simple. Leave it all to us. We will do everything for you as part of our service to you.

How much does all this cost?

This will depend on the size, value and the location of the property. Ask your local Team agents for details

What have I got to lose?

If you instruct a Team agent to sell your house then not much! If you instruct another agent it could cost you your dream move!