Home Information Packs- Hips the Latest News

13th May 2008

T. Wyn Jones

To the relief of all those involved in the property industry, the Government recently announced that it would extend what is termed as First Day Marketing, until the end of December 2008. What this means is that, until the end of this year homes can be marketed as soon as a HIP has been commissioned and not as was proposed only once a HIP was in the possession of the estate agent.

HIPs have now been part of the house selling process for 9 months, the aim of the HIP is to speed up the house buying process – something most Agents would suggest has not happened, and, of course to provide information on the energy efficiency of the property - an area we are all becoming increasingly aware of.

For further information on Home information Packs please visit www.homeinformationpacks.gov.uk or contact your local McCartneys office.