22 Jul

Ahipp unhappy with Shapps pledge

Ahipp unhappy with Shapps pledge

The government's support of Home information packs (Hips) could come under fire after it was revealed that a major provider of them is to stop operating.

Both the Hip Facilities and subsidiary Hip Payment Services announced that they are to end trading because of the present difficulties being seen in the housing market, reports 24dash.com.

They traded in the deferred payment section of the market - in which customers pay for the service when the property is bought.

Grant Shapps, Conservative shadow minister for housing, noted that this may be the beginning of the end for Hips.

"Labour ministers have led business up the garden path, promising a golden future for pack providers that was only ever going to end in tears," he commented.

Director general at the Association of Home Information Pack Providers Mike Ockenden responded by suggesting that the Tories should not give advice in this area.ADNFCR-1222-ID-18696370-ADNFCR

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