22 Nov

Hips roll-out for all homes on December 14th

Hips roll-out for all homes on December 14th

Home information packs (Hips) will be rolled out for all UK homes on December 14th, the housing minister has announced.

Yvette Cooper confirmed the universal introduction of the packs at a press conference this morning.

Once in place, Hips will assist the UK's first time buyers by allowing them to access more information about potential house purchases and will reduce their costs, she said.

Phil Irving, managing director, of Team Conveyancing and the architect of Team's successful "no sale no fee" Hip scheme welcomed the Government announcement.

He said: "All of us involved in helping to smooth the implementation of this legislation will now breathe a huge sigh of relief that by year end all of the UK residential property stock will be subject to the Hips regime and a level playing field can now exist. The beleaguered energy assessors will certainly have a happier Christmas".

He went on to give a guarded welcome to the extension of first day marketing to the 1st June next year whilst stressing that "Hips will not really come into their own and be fully appreciated by consumers until the complete Hip has to be in place before marketing commences".




The average cost of a Hip so far has been between £300-£350, Ms Cooper claimed.
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