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Wednesday, 26th January 2010:

The UK economy has come out of recession, after figures showed it had grown by a weaker-than-expected 0.1% in the last three months of 2009.

The economy had previously contracted for six consecutive quarters - the longest period since quarterly figures were first recorded in 1955.

There have been recent recovery signs - last week, UK unemployment fell for the first time in 18 months.

The UK's had been the last major economy still in recession.

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HIPs Overview

Since the introduction of HIPs Easier2move have quickly become one of the leading providers of Home Information Packs in the UK.

We act for thousands of satisfied customers every month and provide Home Information Packs and conveyancing services on behalf of some of the largest organisations in the UK.

Unlike some other HIP providers 100% of our HIPs undergo a quality control check before dispatch so that you can be sure that there will be no mistakes.

Home Information Packs (HIPs) have been designed to speed up and improve the home buying process by requiring the seller to have all the information about the property available for inspection by the buyer as soon as the estate agent starts marketing property.

They are also intended to reduce carbon emissions and tackle climate change by improving energy efficiency.

Under the “old” system most of the information was withheld until after a sale was agreed and this sometimes led to costly issues arising later than necessary in the sale process.

By making all the information and an energy performance certificate available from the outset a buyer can make an informed decision at the beginning and avoid delays, uncertainty, and unnecessary expense later on.

Benefits:

  • assist in speeding up the buying and selling process
  • ensure that sellers are serious before they put their house on the market
  • help to speed up transaction times
  • improve awareness of energy efficiency and help tackle climate change

HIPs are not required for:

  non-residential property;
  mixed commercial and residential property;
  sales of tenanted properties;
  a portfolio of residential properties sold as a single lot
  residential properties which are unsafe or due for demolition

The pack must contain:

  Index of contents
  Energy Performance Certificate (EPC)*
  Sale statement (summarizing terms of sale)
  Title documents
  Title plan
  Local Authority Search
  Drainage & Water Search

Additionally, leasehold properties need to provide:

  A copy of the lease 
    
* HIPs for properties not physically complete at the first day of marketing require a Predictive Energy Assessment.