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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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.
More from this story >>>
posted by Mandy @ 1:04 PM
2 Comments:
At 11:21 AM,
@moulton66 on twitter said…
James Neave of Rightmove thinks the Government should reconsider whether HIPs are the best way forward:
Home Information Packs - better ways to improve buying and selling process
At 3:40 PM,
Anonymous said…
I agree
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