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Thu, 20 November 2008 |
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Conveyancing News: Government provides definition of four-bedroom properties |
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Article Published: 23-Jul-2007 Following the failure in May to bring in Home Information Packs as previously planned by the Government, housing minister Yvette Cooper revealed that HIPs would be phased in from August 1st starting with properties that had four bedrooms or more. This sparked criticism from the industry and the opposition over what defines a four-bedroom property and so the Government has now duly responded. A four bedroomed property is one that is marketed and sold as having four bedrooms. It has been claimed that sellers of four-bedroom properties would evade HIPs by marketing their homes as having three bedrooms and one study. This question was posed by Labour peer Lord Bradley in the House of Lords earlier this month, "What is the definition of a bedroom and a study in a residential property in relation to HIPs?" The Parliamentary under-secretary of state for the Department for Communities and Local Government, Baroness Andrews, says, "A four-bedroom dwelling is one that is marketed and sold as having four bedrooms." Source: Conveyancing-0800.co.uk |
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