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Feature on Home Information Packs |
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Thursday, 04 January 2007 |
In 14 months, on June 1, 2007, it will become illegal to offer any home for sale without a Home Information Pack (HIP), including a Home Condition Report (HCR), available to all buyers before they make an offer.
Some fear the Government's tight timetable for change could hit the housing market, slashing the amount of properties for sale.
But not Mike Ockenden, Director General of the Association of Home Information Pack Providers (AHIPP), which includes chartered surveyors among more than 20 pack providers. He dismisses fears of either a feast or famine of houses on the market .
There may be a small flurry of sellers putting their homes on the market before the compulsory introduction of HIPs, he says, but what about the buyers?
Buyers are not so stupid as to accept a house for sale without a HCR, which will be free to them and is of considerable benefit to a purchaser.
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