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HIP amendments add nothing to a useless document

Housing minister Margaret Beckett should start talking and listening to the mortgage industry instead of driving through legislation that is completely unnecessary.

The extra information now required for Home Information Packs adds no value to an already worthless document.

I’m not aware of any client who has decided not to proceed with a property purchase based on information included in a HIP, even if they bothered to look at the document in the first place.

HIPs should be cancelled. After all, it was speculative sellers who stimulated the market in the past few years and all the packs have achieved is removing these vital players from the market.

We need as much activity in the housing market as possible but Beckett seems determined to shut down what little activity remains with these pointless legislative amendments.

Tim Robinson

Mortgage manager

Pearson Jones

By email


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