What is a HIP?

Since 2007 all residential properties marketed for sale require a Home Information Pack or HIP. The HIP is a set of documents giving information about that property. Most of the documents in the Home Information Pack were historically sourced by the buyer’s solicitor, however as they now form part of the HIP the buyers solicitor may choose not to source new ones and instead rely on the documents supplied by the vendor. The purpose of the Home Information Pack is to speed up the conveyance of the property when a sale is agreed and give potential purchasers information regarding the property such as energy usage.