Do you want to buy a readily built house, there’s no time to construct one your self. You can’t take the information that the landlord provides on face value. Are you getting accurate information about the building on sale? Is what raises concern? Estate agent may also try to play with it and conceal the draw backs of a building, thus projecting a rosy picture of the house on sale.
If you are a buyer, always ask for Home information pack from the landlord or seller. It becomes highly impossible other wise, to get an accurate information about the house. Always, remember to ask for HIP packs to get details about the house and its condition before your actual purchase.
Your house is a major investment, you can’t let go of vital details while buying one for your self. It is indispensable to cross verify the HIP of the house you are planning to buy. You can avoid further expenditure on your house repair by getting to know all the drawbacks of the house before you buy it. You can’t judge for yourself, if a house is good or not. As you lack the technical expertise and experience to find out the hidden flaws of a house on sale, you need to consider vital information packs. Such home information documents play a vital role, and helps potential buyer make an informed decision about the house.
Is such a pack beneficial only to buyers?
Information packs on home, benefits both the buyer and the seller. A landlord can present his house confidently as he now has proof of the house’s good condition. He can use it to his advantage if there are no draw backs in his property on sale. It makes his house more authentic with a proper documentation of his house details. It basically includes an energy performance certificate, home index, standard searches, Sales statement, evidence of title, for leasehold and common hold details, the sale document, the ownership rights.
However, there are certain optional documents which are at a landlord’s whims and fancies to have it or not. Such as physical condition of a property, which sellers, buyers and lenders will be able to rely on legally as an accurate report. In addition to this, legal summary and home contents are also optional. All of these will be carried out by a certified Home Inspector. Request an HIP from the landlord if you are planning to buy his property or house.
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