Home Information Packs to be Scrapped - its Official!! |
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11th May 2010
Home Information Packs are definitely to be killed off, says the Coalition Policy which has just been released.
The document stipulates that Energy Performance Certificates will be retained.
The announcement ends months of speculation but will come as a major blow to the HIP industry, including many conveyancing firms, who have poured millions into the ill-fated venture.
The issue is, how many people will still cough up for a HIP to avoid a technical breach of the Law no-one is likely to enforce. many agents will just ignore this prevailing legal requirement and as yet we have no time table as to when the suspension of sections 155-159 of the 2004 Housing Act will become effective.
It must be noted that Energy Performance Certificates remain a mandatory requirement under EU Law.