GUIDE TO HIPS (HOME INFORMATION PACKS)
Officially, the government is introducing HIPS (Home Information Packs)
to improve the process of buying and selling a property.
The new measures come into affect on the 1st June 2007, by which time
all people wishing to sell a property will need a home information pack
before putting the house up for sale. Ruth Kelly, speaking on the issue,
said that: “Home Information Packs will bring together all the information
people need to buy and sell a home, to help them make informed decisions
about what is probably the most expensive purchase of their lives. The
Packs will especially help first time buyers as they receive the packs
for free.”
So, what is the best way to navigate home information packs? What needs
to be included? How much are they going to cost? This guide to HIPS provides
the answers to all of these questions and more.
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