The Government have this month announced that Home
Information Packs (HIPs) will now be rolled out to
include all residential properties. You cannot now
market a house without preparing a
HIP in
England & Wales.
The packs
were introduced initially for 4 bed houses from August
and then 3 beds in September. The roll out is now
complete with all property sales (residential) falling
under the HIP banner.
Many industry
figures believe the government is rushing the
implementation. Only time will tell.
The market
has slowed because of other events and 2008 may well be
a rocky time for the housing industry along with the UK
economy as a whole.
