Government plans for home information packs came under attack from a previously neutral source last night after the director general of the Council of Mortgage Lenders called them a "costly indulgence".
In a speech to the Property Forum annual dinner Michael Coogan called on the government to think again about whether the infrastructure surrounding Hips could still be justified. And speaking to IFAonline before giving the speech yesterday Coogan said the government now needs to urgently reconsider whether Hips can be delivered next summer or not. Coogan says: “The government is either going to implement [Hips] when consumers are not ready or it will have to put the date back. If it’s not going to happen we need to know sooner rather than later.” While he claims the CML has never been an...
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