Premium Home Information Packs in Warwickshire, Hereford, Gloucester and South Wales
Sitemap | Contact Us
Commercial and Domestic Energy Reports - Reports 4 Property

Premium Home Information Packs

The biggest difference between a premium and a standard pack is that it will actually help sell your property rather than just fulfil the legal obligation. The principle is simple, when you sell your home it is in competition with other properties and to gain a sale three critical things HIPsneed to happen, you need to:

  • Attract viewings
  • Gain offers
  • Successfully complete the sale

A vital part of the Premium Pack designed to achieve the above is a survey called a Home Condition Report (HCR). This independent (represents a property, not the seller or buyer) full survey is written in plain English and has been designed to speed the house sale process.

Why do they attract more viewings?
Buyers use information to assess the desirability of any prospective purchase from the nutritional value of food, to the service history or warranty of a car. Lack of information can so easily discourage buyers whilst the provision of additional information will not only stimulate their interest, it will give them confidence there is nothing to hide about a property.

Remember your property is in competition with others, most will only have a basic pack so a Premuim Pack on your property will immediately make it stand out. Furthermore if buyers are genuine they are more likely to request a viewing on a property with a Premium pack.

How do they encourage offers?
Having viewed the Home Condition Report buyers expectations are managed so they can relax and view a property in terms of what it means to them. Regardless of the input of a selling agent or vendor a buyer knows they are the ones who will ultimately carry the liability for the property and so the independent nature of the report provides considerable and justified trust.

Remember the whole point of this exercise is to receive offers and confident buyers make offers!

What difference can they make to completion?
Traditionally sales have failed post offer due to a variety of reasons, the greatest of which has been unforeseen defects identified during the valuation or Home Buyers Survey. To cause an offer to be withdrawn you probably think that defects need to be serious – they don’t!

The reality is that failed sales could just as easily be due to modest defects being taken out of context leading to unrealistic revised offers.