AHIPP defends home information packs

Posted: 27 Aug 2008 11:47:20 GMT

            Property News - AHIPP defends home information packs

The Association of Home Information Pack Providers (AHIPP) has responded to calls from the National Association of Estate Agents (NAEA) for the removal of search information from home information packs (Hips).

Since the introduction of the packs, the cost of searches by local authorities has fallen by an average of £30, according to AHIPP, while the cost of personal searches has been cut in half.

The association added that the information in searches does not change for at least 12 months in the vast majority (98 per cent) of cases and that insurance is available for as little as £15.

Mike Ockenden, director-general of AHIPP, said: "It is not necessary for purchase conveyancers to re-order searchers, but even if they do, the cost savings from the inclusion of searches in Hips far outweigh any additional cost.

"This is yet another attempt to play the 'current market conditions' card to derail Hips. The inclusion of search information in Hips allows potential buyers to be much better informed before they make an offer thus reducing the chance of transaction failure," he added.

The NAEA called on the government to simplify Hips in order to improve the conditions of the property market. It suggested they should consist of a sellers' questionnaire, an Energy Performance Certificate and the Land Registry title and plan.

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