The Government has extended the deadline for the final stage of HIPs implementation until the end of the year.
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.
“Developing a new set of standards for industry is an important next step in further ensuring all consumers get the highest quality of service when buying or selling a home. We also want to ensure all consumers are seeing the vital information in a HIP early in the process so they can fully benefit.”
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