Tuesday, September 7
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HIP no more

 

The new government has kept one of its manifesto promises by suspending the HIPs legislation today with immediate effect.

 

EPC’s remain though under EU law but they are changing too:

 

The EPC has to be commissioned before the start of marketing

 

Commissioning means the Inspector has been asked to prepare the EPC and it has either been paid for or payment has been promised

 

The person acting for the seller on the sale must be satisfied commissioning has taken place

 

The seller and seller’s agent must make reasonable efforts to get the EPC within 28 days

 

Penalties will be imposed for breaching these relaxed requirements

 

The EPC will have a life of 10 years, not 3 years as at present or 3 months as originally envisaged.  This brings it in line with EPC’s for rented property.

 

Let marketing begin


 

 

 

 

If you are interested in the scope of the HCR and what it could do to help sell your property, ask us to arrange a pre-sale HCR - you can gauge its effects without committing to including it in your HIP.

Our links with solicitors will enable us to provide customised HIPs for owners.

For FAQ's and Fact sheets as well as latest HIP news visit www.perpro.org

Click here if you would be interested in attending a seminar on HIPs


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