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Hips come under attack, again |
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Wednesday, 05 July 2006 |
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The Council of Mortgage Lenders (CML) has today cast further doubt over the likely success of Home Information Packs (Hips), which the government plans to introduce next June.
The government claims that Hips will speed up the home buying process and reduce the number of sales that fall through because they will include information such as land searches and a survey. Vendors will have to pay for a Hip before they can put their home on the market. This means that potential buyers will be provided with the vital details before they make an offer on a property.
Home Information Packs
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