Help Sitemap Home Skip Navigation Contact Us Disability Statement

Leeds Building Society
Sponsored by
Peace of mind and security...
for all your, and your family's, financial needs
 
 
Monday, 12th May 2008

Premium Article !

Your account has been frozen. For your available options click the below button.

Options

Premium Article !

To read this article in full you must have registered and have a Premium Content Subscription with the n/a site.

Subscribe

Registered Article !

To read this article in full you must be registered with the site.

Delay-hit housing packs should be scrapped – Tories



Click on thumbnail to view image
Click on thumbnail to view image
Click on thumbnail to view image
Click on thumbnail to view image
Click on thumbnail to view image

THE Government has been urged to abandon its controversial Home Information Packs after announcing a delay to their final roll-out.

The Department for Communities and Local Government said it was delaying until the end of the year the requirement for homeowners to have one of the packs before they start marketing their property.

Homeowners in England and Wales are currently al
lowed to begin marketing their property as soon as they have ordered a Home Information Pack (Hip), but the Government previously said that from June 1 they would not be able to put their home up for sale until they had a pack.

Shadow Housing Minister Grant Shapps said the move showed that the packs were not working and urged the Government to abolish them completely.

He said: "This latest Hips delay is the third time that the Government has had to admit that this botched initiative can never work. The time has surely come for Brown to do one of his famous U-turns and scrap Hips once and for all."

Hips aim to speed up the home buying and selling process by giving consumers more of the information they need up front.

But the packs have been dogged by delays and controversy, with their original implementation delayed for two months and a House of Lords committee finding that the Government had failed to show they were sensible or worthwhile.

They were finally introduced for homes of all sizes in England and Wales in December last year.

But while the latest delay was criticised by the Tories the Royal Institution of Chartered Surveyors welcomed the move in the current housing market slowdown.

RICS spokesman James Scott-Lee said: "RICS is pleased to see the Government is taking a pragmatic approach to enable people to get their property on to the market without having to wait for a Hip.

"In current market conditions it is essential to avoid anything which restricts a homeowner's ability to market their property when they choose."

Yesterday's move, which also includes a delay in information on leases having to be included in packs for leasehold properties, was announced alongside a package of measures which aim to improve the house buying and selling process.

The Government said it was working with industry bodies, such as RICS, the National Association of Estate Agents and the Law Society, to develop a new set of standards for property professionals.

These will include having arrangements for redress if consumers are unhappy with the service they receive.



The full article contains 425 words and appears in n/a newspaper.
Page 1 of 1

  • Last Updated: 09 May 2008 11:13 AM
  • Source: n/a
  • Location: Yorkshire
 
 

Comment on this Story

 

In order to post comments you must Register or Sign In

 
 
 
  

 
 


Sister Newspapers:
Press Complaints Commission

This website and its associated newspaper adheres to the Press Complaints Commission’s Code of Practice. If you have a complaint about editorial content which relates to inaccuracy or intrusion, then contact the Editor by clicking here.

If you remain dissatisfied with the response provided then you can contact the PCC by clicking here.