Conveyancing members will rely on HIP contents

Homeowners fearing that the latest Home Information Pack controversy could have a direct impact on their finances have had those worries allayed by the Association of Home Information Pack Providers (AHIPP).

The AHIPP contacted its conveyancing members to clarify whether they would be happy to rely on the contents of HIPs.

The response was that all conveyancing members will accept the HIPs, provided that the pack has been produced by a provider that subscribes to and complies with the HIP code.

They all recognise the value and protection that the HIP code affords them which extends to searches regardless of whether they have been sourced from Local Authorities or the private sector. Infact private sector searches are only accepted under the HIP code if they comply with the search codes which are designed to protect consumers and conveyancers.

HIPs have been an important catalyst in bringing about reform and consumer protection in the search market. Many local authorities have improved their service levels and reduced their costs to consumers and this should be recognised and applauded. Further the private sector has put in place meaningful protection through the search code for consumers and industry alike said AHIPP chief Mike Ockenden.
 
The HIP code not only protects home buyers and sellers, but also estate agents, conveyancers and mortgage lenders. Consumers should therefore be aware that the conveyancer handling their purchase can rely on the contents of a HIP code compliant pack. If their conveyancer advises them that they will not, the buyer should consider using a firm that will, thus avoiding extra costs and delays in the process.