| Beckett announces HIPs changes |
| Wednesday, 10 December 2008 | |
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A new package of measures are to be incorporated into Home Information Packs.
Sellers in England and Wales will now have to provide a Home Information Pack (HIP) as soon as a property comes onto the market. Currently sellers have 28 days after a property goes on sale to provide a HIP. The pack will also include a Property Information Questionnaire, which will provide buyers with information about the property including information on flood risk, household energy safety, service charges, structural damage, and parking arrangements. Housing Minister Margaret Beckett said the changes would make sure consumers receive the best information possible throughout the buying and selling process, Margaret Beckett said: "It is essential that all buyers are able to see the HIP as early as possible to ensure they are benefiting from this important information, and that sellers are getting to see the pack they are paying for." The packs cost about £300 and take between four days and three weeks to complete. |