View more on these topics

100 days to go before HIPs become reality

There are now just 100 working days to go before Home Information Packs become mandatory on June 1.

As the deadline draws nearer, The Partnership is reporting a major change in attitudes among estate agents.

The HIP provider says there is a growing acceptance among estate agents that the introduction of HIPs is looking more certain than at any stage to date.

Although agents have reservations about their impact, both HIP providers and component suppliers are now reporting a significant increase in interest and activity.

The Partnership says for some agents the planning process for HIPs started during Christmas, and it has received a significant increase in enquiries for meetings to discuss HIPs.

Peter Ambrose, director of The Partnership, says: Having spent several years working closely with estate agents, home inspectors and solicitors planning for the introduction, we are pleased to have reached this milestone.

We have definitely seen a recent change in attitude among our clients and the press, which in the past had been extremely dismissive and hopeful that the entire issue would somehow disappear.

While we fully appreciate that many agents are concerned about HIPs, we are seeing a more pragmatic approach to them, and an acceptance that they need to start planning for their introduction sooner rather than later.

We are working today with a number of major estate agents who are starting their own trials of HIPs over the next few weeks, and are taking the matter extremely seriously.

This enables us, our suppliers and our clients to prepare adequately and ensure we all have the correct procedures in place for a successful implementation.

Recommended

Advice can make a critical difference

The news that one in 17 people lose their homes after being diagnosed with cancer was the most shocking message of many that came out of recent Macmillan Cancer Support research.

Industry divided over base rate rise

Pink’s 1000 index survey has revealed that the industry is divided over whether the Bank of England will raise interest rates in Q1 of 2007. The survey shows that 70% believe there will be another rate rise in Q1 of 2007, while 19% do not anticipate a change. However, 62% of respondents think the recent […]