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Information Pack availability
The current
regulations state that the
Seller, or their selling
agent, must have the
original documents that
comprise the HIP in their
possession or control at the
First Point of Marketing.
The First Point of Marketing
is the date the property is
first offered for sale on
the open market by the
Seller or their estate
agent.
The 14 day
rule
There is
provision in the regulations
to prevent undue delay in
getting a property to
market. If a required
document is not available
after 14 days then, in
certain circumstances, the
property may be marketed
without it.
Note:
Before
marketing a property without
all the required HIP
documents the Seller and/or
their agent should take
qualified legal advice to
ensure that they have
complied strictly with the
regulations. CMS panel
property lawyers and
solicitors are qualified to
provide advice on the HIP
regulations.
Who is entitled to see a
copy of the HIP?
A copy of the
HIP must be made available
to potential buyers upon
request. There is provision
within the regulations for
the seller or their selling
agent to refuse to provide a
copy of the HIP under
certain circumstances. It is
important to take qualified
legal advice before refusing
to supply a copy
to a potential buyer. A
reasonable charge may be
levied by the selling agent
for producing a paper copy
of the HIP and for any
postage incurred.
The seller or
their agent must also
provide a copy of the home
information pack on
demand to any law
enforcement agency.
