Home Information Packs which are also known as the HIPs are compulsory for the majority of properties in England and Wales being marketed. In 6 April 2009, important changes were made to HIPs meaning better information is now available as soon as a property is marketed.

The pack contain documents that provide the buyer with key information about the home and must be provided by the seller or the agent. It is against the law to market a property without one in England and Wales.

The home pack give buyers access to important information about the property at the beginning of the buying process without having to spend a penny. It is less likely that buyers will become aware of issues at the end of the process especially if they have the HIP includes the optional Home Condition Report. In theory the info pack will reduce delays and extra costs for both the buyer and the seller. However, the jury is still out.

 
Splinta think the HIP is a waste of taxpayers' money
Home Inspection News
In a House of Lords debate on 11th October, the government confirmed that £4 million of tax payer's money is to be spent subsidising a 'dry run' of the discredited Home Information Pack (HIP) prior to its introduction in June 2007.

 
Housing minister calls for greener homes
Home Inspection News

Energy Performance Certificates (EPCs) should be linked to incentives such as green mortgages, Housing Minister Yvette Cooper said today. EPCs could also be linked to schemes run by energy companies which give homebuyers cash upfront to make energy saving alterations to their houses.

Setting out the next steps on EPCs and Home Information Packs, the Minister said she would be meeting mortgage lenders and energy companies to discuss the development of these kinds of incentives.

 
Estate Agents Association Concerned about HIPS
Home Inspection News

The National Association of Estate Agents (NAEA) today expressed ongoing concern over the Government announcement that they were pushing ahead with Home Information Packs and that they were to spend £4 million pounds supporting an Industry dry run of Home Information Packs in six locations.

Bearing in mind that these are being organised by Pack Providers, who must have a vested interest, the NAEA remains very dubious as to whether these trials will be truly independent and whether they will properly address at all the issues.

Peter Bolton King Chief Executive of the NAEA said 'The Association has always said that it was vital that any trials thoroughly test not only the systems but whether our concerns about the effect on the market caused by a lack of first day marketing and reduction in housing supply are justified. We have not been told how these trails are to be conducted and have doubts as to their effectiveness in a voluntary scenario.'

 
Will PIPs have to wait till Blair names a time?
Home Inspection News
T'S more an issue of "when should I go?" for Tony Blair than "should I stay or should I go?" The Prime Minister is digging his heels in and refusing to set a date for his departure, while Gordon Brown is getting increasingly impatient waiting in the wings. While this saga makes for interesting reading, it could also have a serious impact on housing policy in Scotland.
 
'Packs uncertainty stalling agents' spending and planning
Home Inspection News
PLANNING and training activity by estate agents in preparation for Home Information Packs has effectively ground to a halt after the Government's announcement that Home Condition Reports will not be mandatory when the Packs come into effect next June.
 
Seller packs could face delay
Home Inspection News
The government's Home Information Packs (HIPS) are likely to be delayed, a senior member of the Royal Institution of Chartered Surveyors has warned. Jeremy Leaf told BBC Radio 4's Money Box it is "almost inconceivable" HIPS can be launched by June as planned
 
Repeal HIPs and return to the drawing board
Home Inspection News
Peter Bolton King, Chief Executive at the National Association of Estate Agents, is calling on the Government to abolish the introduction of Home Information Packs (HIPs) by repealing part 5 of the Housing Act. He calls on the Government to recognise that what is left of HIPs is unworkable now the Home Condition Report (HCR) is not mandatory, and work with the Association to find other ways of improving the property buying and selling process.

 
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