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Conveyancing News: Home Information Packs are official

 
Article Published: 01-Aug-2007

The governments highly disputed and controversial home information pack initiative has been officially launched today; applying only to four bedroomed, or more, properties in the first instance. The initiative had been scheduled to go live June 1st but was postponed due to a lack of qualified domestic energy assessors.

The scheme is set to be rolled out to three bedroomed properties and then to the rest of the market.

The director general of the Association of Home Information Pack Providers, Mike Ockenden, said, "The key message that appears to have been lost over the last year is that HIPs are a good thing - they are not here to 'plunge the market into chaos' as mischief makers would have us believe, but instead they are here to help improve the house buying and selling process for all involved - bringing vital information to the front of the process that, in the long term, will save consumers money as well as aiding a faster and more transparent process."

Source: Conveyancing-0800.co.uk


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