With one week now to go and assuming the Government doesn’t perform another u-turn Home Information Packs will be law in England and Wales.
From 1st August all properties that go on the market with four or more bedrooms will need to have ordered a Home Information Pack. A crucial part of the pack is the Energy Performance Certificate or EPC which is prepared by one of the newly trained Domestic Energy Assessors. Just over 2000 have now been accredited and are available to work.
The HIP Exchange matches properties requiring either a full Pack or an EPC with independent Providers from across the country expects the average cost of the EPC to be around £130. Henry Pryor, founder of the eBay style site said “There will be some providers who are initially quoting less for the Energy Certificate but from the feedback we have been getting we expect the average across the country to be around this level. However, as soon as smaller properties are included later in the year, the average cost is expected to drop.”
Prices for a full Home Information Pack will start from £299 for freehold properties although leasehold properties could cost considerably more.
2007-07-23