Introduction
It has always been Government policy that buyers of new homes should get the same information about the property as if buying one already owned by someone else. From April 6th 2008 new homes are included fully in the Home Information Pack (HIP) scheme – removing an earlier exclusion for new homes built under the most recent (2006) building regulations. It is important that developers are aware of their duty to provide HIPs for those properties that they are responsible for marketing.
The specific characteristics of the new home market are catered for in variations from standard HIP requirements. The following information will help you decide what are your obligations and how best to fulfil them.