Monday, 06 April 2009 00:00
Changes to the HIP regulations were brought in on 6 April 2009. A new Property Information Questionnaire becomes compulsory and all searches must now be complete without gaps in the data provided, such has been the case with personal local searches used by most HIP providers.
Tozers property solicitor, Peter Cooper, explains: "The 'temporary first day marketing exemption' is being removed so you will only able to put a property on the market where a full HIP is available - excluding searches which must be included within 28 days of the first point of marketing.So long as the Land Registry documents and searches are not more than 3 months old, and the Energy Performance Certificate is not more than 3 years old at the first point of marketing then there is no requirement on the seller to update the documents once marketing has started."
If the seller takes the property off the market the same HIP can be reused so long as marketing restarts within twelve months of the first point of marketing.
If you would like more information on HIPs or any other legal advice please contact your nearest Tozers office or email This e-mail address is being protected from spambots. You need JavaScript enabled to view it