Brunig sets up HIP provider for the independent market

Peter Bruning, who resigned as chairman of SecureMove in June, has revealed to Mortgage Strategy he is launching an alternative Home Information Pack provider to cater for the independent market.

Describing himself as a gamekeeper turned poacher – going from a corporate to an independent – Brunig says Home Information Group will offer HIPs to agents, surveyors, mortgage brokers and packagers, as well as valuation and surveying services through its surveying arm, Gateway Surveyors.

Bruning will be joined by former SecureMove directors John Price and Marcus Radcliffe as well as Simon James and David Collins, directors of Mortgage Support Network, Mortgage Support Direct and Broker Support Services.

SecureMove is part of the Countrywide Assured Group which also owns HIP provider Rightmove as part of a consortium along with Halifax Property Services and Connells.

Since the government revealed HIPs will be mandatory from June 2007, there has been speculation the market will become dominated by one or two big players.

Bruning says many independent estate agents, which make up around 70% of the market, will be reluctant to use big HIP providers such as Rightmove because of their corporate relationship with competitors.

He adds: “Suspicion will drive independents away from corporate solutions. We will be a non-corporate provider using local professionals.”