HIP change would be gift to burglars

clock

A proposed addition to the controversial Home Information Pack (HIP) that every property seller is obliged to pay for could play into the hands of thieves.

The Home Office has proposed that each HIP, which currently contains an Energy Performance Certificate, floor plans and searches, should also include a ‘security assessment'. Such an assessment would pinpoint the security weaknesses of every home for sale in the UK, which could offer burglars a guide to the easiest properties to target. When HIPs were introduced in 2007 the Government explicitly ruled out the need for them to provide sensitive information such as security details. The Law Society warned then giving details such as burglar alarms, access, bad windows, defective door...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Mortgages

Client conundrum: Mortgage overpayments versus investments

Client conundrum: Mortgage overpayments versus investments

1.4 million people will see mortgage deals end this year

Laura Suter
clock 22 February 2023 • 3 min read

Summer economic update: Sunak confirms stamp duty holiday in 'mini-Budget'

Mini Budget

Hannah Godfrey
clock 08 July 2020 • 2 min read

FCA sounds alarm on equity release advice

'Tick-box exercise'

Hannah Godfrey
clock 17 June 2020 • 1 min read