Nanak Group

Hips

The law now requires an Energy Performance Certificate (EPC) to be provided for all new homes. With this change in legislation, Nanak Properties can offer you all the assistance you need to support your business including the provision of Home Information Packs (HIPs) and EPCs.

We have produced a useful guide with frequently asked questions to assist you, this can be downloaded from the Government's own website or alternatively you can request a PDF copy by emailing HlPs@nanakgroup.com.

The key facts of this change are:

The EPC will be based on the SAP rating which is currently required to comply with Building Regulations. This demonstrates that new homes meet the targets for energy performance. When the home is physically complete, an EPC should be produced and given to the owner of the home.Building Control will not issue a completion certificate until they are sure this has been done. If you are marketing a home off-plan, you will need to include a PEA (Predicted Energy Assessment) in the HIP. Once the home is physically complete the PEA in the HIP should be replaced with an EPC and Recommendation Report. PEAs should be based on the predicted SAP rating for the home. This will be available from calculations done at the design stage and is a number between 1 and 100. Each building within a development will require its own EPC (although reports can be cloned for identical dwellings and will not need to be inspected individually).

At Nanak Properties we have a proven track record with property development and have worked with a number of property developers dealing with large portfolios. Since the introduction of HIPs, we have been delivering full HIPs, components and EPCs for all different property types and sizes. Therefore we are well placed to provide you with a fast and efficient service.

We have a dedicated HIP section on our website www.nanakgroup.com where you will find helpful guides and a simple online ordering facility. If you have a portfolio list we will assign you with a dedicated key portfolio manager who will work with you according to your requirements. (Discounts are available for volume orders).

If you would like to discuss your requirements or have any questions please contact via our email HIPs@nanakgroup.com or EPCs@nanakgroup.com.

Who Needs a Home Information Pack – Hip?

From the 14th December 2007 any property that is marketed for sale in England and Wales will need a Hip.

Can I market the property before I receive the Hip?

The Hip needs to be ordered when the property is first put on the market, at the moment and until 6th April 2009, you do not need to have possession of the Hip but must have proof that one has been ordered.

What’s in the Hip

In brief the pack contains:

An index (i.e. a list of the contents of the HIP)
A sale statement (summarising the terms of sale)
Evidence of title
Standard searches (i.e. local authority enquiries and a drainage and water search)
An Energy Performance Certificate (EPC)
Commonhold information (where appropriate)
A copy of the lease (where appropriate)

Do all properties need a Hip?

Most standard properties need a Hip but there are some exceptions.

You do not need a Home Information Pack for:

Properties where there is no marketing (e.g. sale to member of your family)
Non-residential properties
Seasonal and holiday accommodation
Mixed sales (e.g. shop with flat)
Right to buy and similar sales
Sales of portfolios of properties
Properties not being sold with completely vacant possession
Unsafe properties and properties to be demolished.

How do I order my Hip

You can order your Hip via this website or call the number above.

What should I look for in a Hip provider?

Ideally the Hip provider you choose should have full indemnity insurance and subscribe to the PCCB code of conduct for Hips (Hip code). All Hips which comply with this Code will include the HIP Code logo and you can check whether a HIP provider subscribes to the Code by contacting the Property Codes Compliance Board or visit their web site at www.propertycodes.org.uk.

The HIP Code provides protection for homebuyers, sellers, estate agents, conveyancers and mortgage lenders who rely on the information included in a Home Information Pack (HIP) provided on residential property within England and Wales. It sets out minimum standards which HIP providers have to meet.
Though it is not mandatory the Provider should also be a member of the Association of Home Information Pack Providers – AHIPP, to check your provider is registered visit the AHIPP web site at www.hipassociation.co.uk.

Nanak Properties via it’s supplier HipHipHooray carry full Indemnity Insurance, subscribe to the Hip Code and are members of AHIPP.