Bin 'too costly' HIPs - Tories

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The Conservative party has called on the government to scrap HIPs as they are not cost-effective.

Speaking at the Association of Mortgage Intermediaries Annual Dinner the Rt Hon John Gummer MP, AMI’s chairman, said: “The time has come to withdraw the current proposals and introduce a more sensible measure which will also meet environmental needs. An energy efficiency report should be implemented, but in the most cost-effective way.” The Conservative Party says that, since Energy Performance Certificates now make up the bulk of the proposed HIPs regulations, it would be more productive to abandon the HIPs proposal and cited Northern Ireland as an example of how EPCs have been introduce...

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