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Thu, 20 November 2008 |
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Conveyancing News: HIPs Approved in MP Vote |
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Article Published: 18-May-2007 MPs in the House of Commons on Wednesday rejected a motion to scrap Home Information Packs (HIPs). The vote had been forced by the Conservative party in an effort to derail the proposed policy before it comes into force on June 1st, but MPs again supported the pack. The Government won the vote with 306 votes to 234, a majority of 72. The government claims that the home packs will reduce the number of property sales that fall through, as well as encouraging homeowners to make their properties more energy efficient. Ahead of the Commons debate Jeremy Leaf of the RICS criticised the scheme saying, "HIPs are a potentially damaging and chaotic policy. The introduction will have few benefits to the consumer and adversely affect the housing market and the wider economy." The RICS is pursuing legal action against the Department for Communities and Local Government, claiming that there was no 'proper consultations' before the implementation of HIPs legislation. Alan Dring, sales director of Econveyancer, commented on the vote by saying, "Parliament has now voted to introduce Home Information Packs and the time for debate and procrastination has therefore come to an end. It would now be far more productive if everyone in the industry took a positive look at how they are going to make HIPs work to the advantage of their customers and their businesses, rather than expend further energy objecting to their introduction." HIPs will be discussed again on May 22nd in the House of Lords debate. Source: Conveyancing-0800.co.uk |
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