The government has rubber-stamped its Home Information Packs legislation with minimal changes, despite strong opposition and rumours the proposals could be scrapped altogether.
After a lengthy consultation, the government yesterday confirmed HIPs will be compulsory for all home owners from June 1. From that date all home owners in England and Wales will need to arrange for a pack to be prepared before putting their homes up for sale. The government claims it will make the buying and selling process easier and cheaper. In announcing the final date for HIPs, the government quashed any rumours claiming the scheme would be scrapped. The rumours were founded mainly on its decision in July last year to make the home condition report, originally an integral part of H...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
