HIP Update

So the new regulations have now been published giving the details of the suspension of the need for a Home Information Pack.

As stated in a previous post, there will still be a requirement to produce an EPC (Energy Performance Certificate - just like the thing you see on the front of fridges and washing machines telling you how efficient they are) but rather than having to have that in place before the property can be marketed, the only requirement will now be that the EPC needs to have been commissioned before the property can be marketed.

Additionally, and in bonus good news for sellers, the EPC will be valid for 10 years rather than the current 3.