Rumour abounds that HIPs (Home Information Packs) will be suspended this week (ending 21st May 2010) when Parliament convenes. See EAT source story. If this is true 10, 000+ people will be looking for work overnight and the less-than-perfect Conveyancing process will again be thrown into the air!
However there are no facts to back the rumour up.
True or Not, if you are unsure about buying a HIP this week you should buy one from Fridaysmove under our Unique HIP Abolition Money-back Guarantee!
It is not even clear if the Government has the legal authority to suspend the Home Information Pack and the possibility of a legal challenge has been raised by the HIP Reform Group.
Another confusion-building factor is the status of the EPC – could it remain as a mandatory part of selling a property? And if so, who will create them once the HIP Industry has been destroyed?