RICS-calls-for-postponement-of-mandatory-HIPs

In response to UK government’s consultation on Home Information Packs (HIPS), RICS has called for the postponement of mandatory HIPS.

RICS spokesman Jeremy Leaf said:

"Home buying reform - yes! But, as these implementation proposals are potentially detrimental to the market and in the interest of consumers and the wider economy, we have little choice but to call for a postponement.

"This would provide the opportunity to look at home buying reform in the round, which we have been urging government to do for some time.

"We believe that it is time to sweep up all the problems with home buying and selling rather than focus on the depleted home information pack which has had most of its stuffing removed."

RICS has offered a number of solutions to government as part of its consultation response and is working with other government departments and colleagues in industry to deliver real benefits for consumers.