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Home Seller Information Packs

What is a Home Information Pack and how will it help the home-buying and selling process?

Home Information Packs will be introduced in early 2007 to improve the home buying and selling process across England and Wales.Home information Packs will be a set of documents, which will provide home buyers and sellers with key information about the property that they may wish to buy, such as Land Registry searches, copies of the deeds to a property and a Home Condition Report.

Currently this information is not available until after an offer has been negotiated.This often causes sales to be renegotiated or collapse altogether. The Home Information Pack will be provided by sellers to enable people to make informed decisions about what they intend to buy, based on reliableinformation.

When will a Home Information Pack be provided?

Most residential property sales will require a Home Information Pack. A Home Information Pack will not be needed for:

  • Non-residential properties, such as shops
  • Mixed commercial and residential properties, such as shops with flats above them
  • Sales of tenanted properties, where a tenant is to remain in residence
  • Leases of less than 21 years.

What documents will be in a Home Information Pack?

The pack will contain all the documents usually required when buying and selling a home, plus a new document called the Home Condition Report. The pack will include:

  • A sale statement - describing the propertybeing sold
  • Forms the seller can use to give more information about the property and fixtures and fittings
  • Evidence of title - from the Land Registry or copies of the deeds to the property
  • Replies to standard searches - such as planning permissions, road schemes, water and drainage
  • Warranties and guarantees - for building work
  • A Home Condition Report including how energy efficient the property is

For leaseholders, the pack will also include:

  • The lease
  • Details of the landlord or managing company
  • Regulations made by the landlord or management company
  • Details of service charges and recent requests for payments for ground rent and insurance
  • Information about current and planned works.

What is a Home Condition Report?

The Home Condition Report is a new document required as part of the home buying and selling process. It contains information about the physical condition of a property, including its energy efficiency.The Home Condition Report will have to be completed by a qualified, certificated Home Inspector who will carry out an on-site assessment. Sellers, buyers and lenders will all be able to rely on it as an accurate report.

Get in touch to see if Blanchard Consultancy is able to produce a home sellers pack on your property.

Contact Blanchard Consultancy

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