Regulatory Impact Assessment for the Implementation of the Home Information Pack Regulations in England and Wales - Annex to Explanatory Memorandum: Home Information Pack Regulations 2007

Published	29 March 2006
Type(s)	Strategies and action plans, Impact assessments
Site	Housing
Product code	06HPI04489
Price	Free

Summary

Our current home buying and selling process is slow, expensive and uncertain. Most buyers are provided with little or no information about the energy efficiency of the home they are considering buying. Home Information Packs are intended to improve the homebuying and selling experience for consumers and to reduce the carbon emissions from homes. The Home Information Pack regulations will require a Home Information Pack to be compiled for residential properties that are marketed for sale.

The Pack must contain legal documents (title information, sale statement and leasehold documents where relevant), searches and an Energy Performance Certificate (required by the Energy Performance of Buildings Directive and considered in a separate RIA), In addition, sellers may choose to include a Home Condition Report, providing condition related information about the property.

The Home Information Pack is intended as one element of a series of both Government promoted and market-led reforms aimed at improving the home buying and selling process in England and Wales. By making key information available to both buyers and sellers early in the transaction process it is expected that HIPs will lead to reduced transaction times, a reduction in wasted costs and more certain and transparent transactions.

For more information on The Home Information Pack Regulations 2007 - Statutory Instrument 2007 No. 992 visit the OPSI website at: www.opsi.gov.uk/si/si2007/20070992.htm (external link).

Order

This publication is only available online - see below to download.

Download

Regulatory Impact Assessment for the Implementation of the Home Information Pack Regulations in England and Wales - Annex to Explanatory Memorandum: Home Information Pack Regulations 2007
PDF, 230 kb , 31 pages

Do you need help viewing file formats?

Alternative formats

If you require this publication in an alternative format (eg Braille or audio) please email alternativeformats@communities.gsi.gov.uk quoting the title and product code/ISBN of the publication, and your address and telephone number.