Government asks for more time on Hips

Speaking yesterday as the government launched further draft regulations for consultation of the packs – despite widely being expected to publish the final recommendations - Cooper argued it was "crazy that over £1m a day was wasted on legal fees or valuations for properties that then fall through." "Home Information Packs will actually save money and cut waste in buying and selling homes, that’s why consumer groups have been campaigning for this for so long, she adds. But Richard Barnett, senior partner at Barnett’s Solicitors, says the fact the government only published draft regulation...