A disaster: Estate Agent verdict on HIPs anniversary

Peter Bolton King, NAEA chief executive, says a debate still rages about whether the timing of the launch helped cripple an “already rocky” property industry. However, he says housing minister Caroline Flint’s announcement she will be working with property professionals to analyse the content of HIPs is a good sign. “Since the conception the packs have been surrounded by a catalogue of disasters and so far rather than helping to improve the home buying and selling process they have served as a hindrance and nothing more than a purposeless piece of red tape. “The launch of HIPs onto th...