HIPs are finally here, but will they last?

clock

Home Information Packs - or HIPs as they are better known - are finally a reality for all home sales in the UK following their roll-out for one and two bedroom homes on 14 December.

However, the debate over their usefulness continues, with the Conservative Party leading the campaign against them, to the continued frustration of the HIP industry The tale of HIPs' birth is a long and complex one, having started over five years ago, and their future is set to be equally difficult. The story began back in 2002, when the EU passed European Union Directive 2002/91/EC, which set rules on the energy performance of buildings, one of which was the introduction of Energy Performance Certificates (EPCs). The UK Government introduced EPCs as part of the Housing Act 2004 and orig...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Mortgages

Client conundrum: Mortgage overpayments versus investments

Client conundrum: Mortgage overpayments versus investments

1.4 million people will see mortgage deals end this year

Laura Suter
clock 22 February 2023 • 3 min read

Summer economic update: Sunak confirms stamp duty holiday in 'mini-Budget'

Mini Budget

Hannah Godfrey
clock 08 July 2020 • 2 min read

FCA sounds alarm on equity release advice

'Tick-box exercise'

Hannah Godfrey
clock 17 June 2020 • 1 min read