Government delays full HIP implementation

At present, home sellers only need to have ordered and paid for a HIP to sell their property, without actually needing to have the physical documents. However, the Government had hoped to make it compulsory to be in possession of a HIP before a home can be sold on 1 June. The extra rules will now not be introduced until the end of the year, and the requirement for leases to be in a HIP if a property is leasehold have also been delayed. Caroline Flint, minister for housing, comments: “We want to do more to improve the HIP and the home buying and selling process for consumers. “Developin...