Full timetable for Hip implementation announced

Hips are viewed as a key part of the government’s programme of reforms in the housing market which also include plans for electronic conveyancing, improved search processes and an estate agents complaints body. The Office of the Deputy Prime Minister (ODPM) says Hips will deliver transaction Improvements by reducing the abortive costs to consumers and the industry alike, as well as reducing the number of failed transactions caused by survey or valuation inspection findings. It also argues Hips will lead to housing stock condition improvements by bringing about a reduction in the inciden...