When asked the question: Should we adapt or scrap HIPs? an overwhelming
majority of the audience, which comprised of over 150 housing industry
professionals, ranging from estate agents to mortgage lenders and
property investors, voted in favour of adapting the current offering.
This sentiment, which was supported by the panel, including MPC member
Kate Barker and Michael Coogan of the CML, should send an important
message to Tory policy makers.
Mike Ockenden, director general of the Association of Home Information Pack
Providers, says: “I am delighted to see that the industry is now taking a more united approach towards HIPs.
“While I do not deny that further amendments may need to take place before the HIP reaches its full potential, what this week’s vote suggests, and what the Tory party should now recognise, is that there is an appetite within the industry to now work together to improve the current offering.
“HIPs aren’t perfect, but scrapping them entirely would set us back years – instead, lets work with what we have to make improvements and advance the HIP for the advantage of all involved.”