HIPs stunting market recovery - NAEA

A survey of National Association of Estate Agents (NAEA) members found 91% were "adament" customers paid little or no attention to the packs. The figures also suggest one in ten estate agents believes the number of people selling would double if HIPs were taken off the market, while a fifth say numbers would rise between 20% and 25%. Peter Bolton King, chief executive of the NAEA, desribes HIPs as "controversial" and "relatively useless". "These figures suggest professional agents believe they are actively harming the market," he says. "They are significant because of fears a housin...