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Property News - Hips have been a success

Hips have been a success

Posted: 07 Sep 2007 10:52:32 GMT

The rollout of Home information packs (Hips) to properties with three or more bedrooms proves that the scheme is a success.


The rollout of Home information packs (Hips) to properties with three or more bedrooms proves that the scheme is a success.

That is according to Hip provider LMS which is now calling on the government to press on with a national rollout.

Hips were first introduced to the market on August 1st for properties with four or more bedrooms and are due to apply to three-bedroom properties from September 10th.

"Not so long ago we were eagerly anticipating the roll out of Hips for four-bedroom and above properties. This went so smoothly that the government quickly announced this further rollout for three-bed properties," said Dominic Toller, director of marketing and new business at LMS.

"Much to the despair of the anti-Hip lobby, here we are welcoming Hips for over 60 per cent of housing stock.

"We now call on the government to announce when the complete roll out of Hips will take place. This final phase will mean every property would need a Hip before it goes on the market; providing upfront and critical information to buyers before they make one of their most important decisions," he added.

Connells recently revealed that turnaround times for Energy Performance Certificates currently sit at just two days.

© Houseladder Ltd




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