Property News in the UK

UK property news and links to various property websites. mortgage news, house price news, interesting properties for sale.

Monday, November 06, 2006

Home information packs trial begins

A trial of home information packs (Hips) aimed at reducing the number of collapsed house sales began today, despite resistance from parts of the property industry.

The packs, which will become mandatory from June 2007, will provide potential homebuyers with up-front information and an energy efficiency report on a house.

They are aimed at speeding up the homebuying process and cutting the number of transactions that fail late in the day.

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