Conveyancing Specialist, Knights, based in Kent, have advised that some of the pre-marketing elements were useful and should still be put in place if the conveyancing process is to be speeded up.
Graham Dorman, a partner in the Kent conveyancing law firm, maintains that HIPs were helpful in making the housing market work.
Dorman said: “Some of the HIPs regulations were undoubtedly onerous and simply increased sellers’ costs, but they did force them to focus on what buyers would be looking for and the questions they might ask before putting their homes on the market.
The comments come after property website Rightmove reported a 35. 4 per cent rise in the number of new property listings in the seven days after the announcement that Hips were being abolished. Commercial director of the site Miles Shipside said the two facts were likely to be interrelated .
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