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Conveyancing News: HIPs Will Reduce Moving Stress |
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Article Published: 15-May-2007
It is being claimed that the introduction of Home Information Packs on June 1st will reduce the stress of moving house for mortgage holders.
Director of the Association of Home Information Pack Providers, Mick Ockenden, made the claim following recent research carried out by Your Move.
The research found that 1 in 3 people are less productive at work due to the stress of moving home and that if each of these employees had a 10% reduction in productivity, this would cost the economy almost £500 million a year.
Mr Ockenden went on to say, "Hips will definitely have the benefit of reducing home buyer and seller stress levels in the UK and this could potentially translate into a huge benefit."
Source: Conveyancing-0800.co.uk
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