hip hip hooray - HIPs are no longer needed, but you still need an EPC Report
The Conservative-Lib Dem Government's plans to revive the UK housing market kicked off with the axing of Home Information Packs (HIPS) seen by many as an unpopular, unnecessary expense. Home information packs we're launched by Labour government to help reduce the %age of property deals that fell through and fast-track the move process by including a surveyors report. However the unpopular decision to exclude the home surveyors report from the HIPs pack was not well received by many industry experts including the RICS who believe HIPs "failed to address the significant problems in the home buying process". For more info check out this mornings property headlines below...
Saturday morning's hot property news headlines
- "The Government has announced the suspension of Home Information Packs with immediate effect from 21 May 2010" - Communities and Local Government
- "BBC News - Hips scrapped by coalition government" - BBC Breakfast news
- "Home information packs scrapped" - Guardian.co.
- "Home information packs (Hips) are axed for home sellers" - thisismoney.co.uk
Labels: property news
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Get the HIPs lowdown @ http://www.upmystreet.com/article/local-area/hips-confusion.html
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