Sunday, 30 March 2008

New Build HIPs and Predictive Energy Assessments

Predictive Energy Assessments for New Build Properties

HIPs for existing dwellings are required to have a Energy Performance Certificate. As new homes marketed "off-plan" are physically incomplete, all new build HIPs will contain a Predicted Energy Assessment (PEA).

Predictive Energy Assessments can only be created by an accredited SAP assessor using SAP2005 cmpliant software.

Should a home become complete before a sale is completed then a full Energy Performance Certificate (EPC) will be required. The EPC will replace the PEA and must be requested within 14 days of the physical completion of the property.

Predictive Energy Assessment Graphs can be produced using the following software. Click here for Predicted Asset Ratings software.

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New Build HIPs for Property Developers

HIPs come into force for all new build and off-plan developments

From April 6th, all new homes built will fall under the HIP legislation. This includes HIPs built to 2006 Building Regulations which had previously been exempt.

All new build properties built to 2002 or 2006 Building Regulations are now required to have a HIP before any form of marketing can begin.

The legal penalties for not having a new build HIP are £200 per day per property.

A new build HIP must have been ordered and paid for prior to marketing commencing. The HIP pack does not have to have been completed for marketing to begin. This exemption is due to be removed when 'first-day marketing' comes into effect on 1st June 2008.

New build HIPs can be arranged through abc-hips.co.uk

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Thursday, 13 March 2008

AHIPP Members

List of Members of Association of Home Information Pack Providers (AHIPP)

abc-hips.co.uk
7side limited
AllHIP
Allison & Partners

Allied Surveyors
Awdry Bailey & Douglas

Barnetts Solicitors
The Coal Authority
Connells
Cranbrook HIPs Ltd
Dickinson-Dees
Easier2Move
Easy Convey
ECMK Ltd
EcoHIP™ Ltd
ehips
eHIP
1stHIPS
Geodesys
GroundSure
Habitus
hammondsdirect
Hips Homes
HIPAG
Hipcompliance
HIP Payment Services
HIP London LLP
hipsandhcrs
Hipsco
HIP HIP HOORAY
HIPshop
HIPSTAR
HIP Supply Company
HIPSync Ltd
Homes Matter
Jordans
Landmark Information Group
LCF Residential Ltd
Lending Solutions
Lexis Nexis Visualfiles
The LIVE Organisation
LMS
Localhip
Martin Tolhurst Partnership
MDA Advantage
MoveMachine
movingwith.biz
MyHomeMove
mysalepack.com
Northgate Information Solutions
OneSearch Direct
OpenBook
Optima Legal Services
OrderHips.com
Pack Provider
Property Link Solutions
Property-packs.com
Property Transaction Pack Ltd
Professional Property Searches
ProHIP Ltd
Promise Home Packs
The Property Search Group
Quest Associates
Quidos Ltd
reallymoving.com Ltd
Richards Gray
Safe-Move
National Energy Services (NES)
Searchflow
Severn Trent Searches
Simply HIP
Si Reports Ltd
Spicerhaart Group
SSH Chartered Surveyors
STL Group
Stratify Associates Ltd
Superhips.co.uk
Surehome
TG Baynes
Total Property Searches
Vibrant Energy
VLM UK Ltd
xit2 Limited

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What is the HIP Code?

HIP Code Compliance

The HIP Code provides protection for property professionals and the homebuying public.

The HIP Code is a seal of assurance that the information included in the Home Information Pack (HIP) cab be relied upon by all the parties involved.

Subscribers to the HIP Code are required to meet strict standards in relation to the service which they provide.

These HIP standards cover the following main areas:

- Provide HIPs promptly and include the most up-to-date available information when compiled.
- Handle complaints speedily and fairly.
- Respond promptly to queries raised on a HIP, to ensure improved understanding.
- At all times maintain adequate and appropriate insurance cover to protect you.
- Act with integrity and ensure that all HIP services comply with relevant laws, regulations and industry standards

Finally, the HIP Code logo should be visible on the Home Information Pack.

The HIP Code is managed by the Property Codes Compliance Board.

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Thursday, 6 March 2008

HIPs Trial Research Results Published

72% of buyers happy with their HIP.

Results of the government trials on HIPS show that buyers and sellers involved are satisfied with Home Information Packs.

The purpose of the HIP trials was to test public response to the HIP Packs and highlight areas of improvement prior to the HIPs launch.

The MORI research stated that

- 72% of home sellers were happy with their Hip
- 79 % claimed the HIP expressed all the information they expected
- 81 % reported that they understood the information included in the HIP.
- A third of buyers stated they intended to take action on the energy saving recommendations

AHIPP, the Association of Hip Pack Providers stated "These results show that even some months ahead of the implementation of Hips across the country, consumers in a number of locations were already seeing the benefits of the new process."

"What is also clear is that property professionals did not engage fully with the process and many consumers did not see the Hip on their property. Had they done so the results would surely have been even better."

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