Lenders not anti-hip says Cml

The Cml claims, somewhat surprisingly, that two-thirds of mortgage lenders intend to provide the packs. But it says they have also expressed significant concern the technical standards necessary to build the required systems to use home condition reports in their processes could not be made available sooner. And it says lenders believe the number of properties put up for sale will increase in the run-up to Hips coming into force in June next year and then decrease immediately afterwards. The Cml survey follows the publication on Tuesday of a report commissioned by mortgage lender GMAC-R...