Home Information Packs
The Government is committed to making it easier for people buying and selling homes in England and Wales, and so, from early 2007, home owners, or their selling agent, will be required to have a Home Information Pack when marketing homes for sale, and to make a copy of the pack available to prospective buyers on request.
The pack can be put together by your Solicitor, and here at myconveyancing.com, we are already preparing ourselves for the introduction of Home Information Packs so we are ready when the time comes. So if you are thinking of moving after January 2007, contact us for further advice.
The current home buying and selling process is perceived to be slow, wasteful, and stressful and causes far too much delay and failure. It is thought that the introduction of Home Information Packs will tackle these problems.
They are designed to make the home buying and selling process more transparent, more certain, consumer friendly and faster.
The proposed key benefits of Home Information Packs are:
- To provide key information needed by home buyers and sellers at the start of the process, enabling people to be better prepared before they make decisions and negotiate terms
- To supply information in an understandable, user friendly format
- To reduce frustration and stress
- To cut wasted costs by reducing the high rates of failed transactions
We will be posting more information about Home Information Packs as it becomes available, including samples of a pack, so check this web site if you need to know more. In the meantime, you can go visit the Government’s Home Information Pack site – www.homeinformationpacks.gov.uk.