|
Scrapping HIPs will ‘help boost the housing market’
The Government believes that its decision to scrap Home Information Packs (HIPs) will encourage sellers back into the market and help the economy recover.
The decision was first announced in a joint policy document published by the Conservatives and the Liberal Democrats within days of the coalition being formed.
Ministers then moved quickly to suspend HIPs from May 21st to prevent any uncertainty that might disrupt the housing market. Primary legislation will be needed to abolish them permanently and that will be introduced in due course.
» Read the full article here
|