HIP regulations fail to reassure brokers

Two-thirds of Mortgage Strategy Online readers still don’t feel confident about Home Information Packs despite the government finally setting the rules and regulations in stone.

The Conservatives last week set out an early day motion in parliament, humbly asking for an address to be made to the Queen, praying that the HIP initiative be scrapped.

Clearly 62% of you hope the Opposition’s prayer is answered while 38% are confident about dealing with HIPs.

This week Mortgage Strategy asks: “Do you understand the impact of swap rate movements on products that you advise your clients to take out?”