HIP's hit home

So the controversial HIP (home improvement packs) are now with us at long last. Their launch was delayed but now they are here, what does it really mean? Will it really make buying a new home safer or is it just an expensive waste of time? To recap, from midnight last night, all homes with four or more bedrooms now require a HIP. This pack will contain all deeds, local survey and energy performance certificate. The general idea of a HIP is to have less sales fall through as the buyer should theoretically have everything that they need to make a measured decision about the home. The current HIP does not require a structural survey but this can be arranged seperately.

We at Kinetic Financial Solutions have mixed feelings about HIP's. On one hand they offer peace of mind to the buyer and should ensure that less properties fall through but it remains to be seen whether they will decrease the time for a sale to go through. If they don't then there may be some cases where the information in the HIP becomes out of date!


Check out the official HIP site at http://www.homeinformationpacks.gov.uk/ for more information. Kinetic Financial Solutions can give you unbiased advice about HIP's and what they may mean for you. If you have any questions about HIP's, you can contact us on or drop in to our new high street branch in Rayleigh, Essex.