Everything about Home Information Packs (HIPS)

This year's survey of the costs of moving home, compiled by the Woolwich, will confirm what home buyers already suspect: it has become a seriously expensive business.

Costs for first-time buyers have almost doubled since the start of the decade. They face transaction costs of £9,113, according to the lender. This is up from £4,698 in 2000 - an increase of 94 per cent.