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Hips roll-out could hit first-time buyers, says Rics |
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Thursday, 15 November 2007 |
Plans to roll-out home information packs (Hips) to cover smaller properties could push home ownership further out of the reach of struggling first-time buyers, critics of the scheme warned today.
The Royal Institution of Chartered Surveyors (Rics) said there could be a sharp fall in the number of one- and two-bedroom homes put up for sale if the government goes ahead with plans to extend the controversial packs to include such properties.
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