|
Wednesday, 12 July 2006 |
|
The government argues that £1 million a day is wasted when transactions break down, after buyers spend huge amounts of money on valuations, legal advice and searches. It argues, therefore, that Home information packs (Hips) will prevent wastage by providing important information at the earliest possible stage.
The plans are to introduce Hips in June next year but fierce opposition from those opposed to change is set to reach the House of Commons today as Michael Gove, the Shadow Minister for Housing, supported by high-profile TV presenter Kirsty Allsopp use an Opposition Day debate to highlight the costs and disadvantages of the packs.
HIPS
Discuss this article on the forums. (0 posts) |
