Law Society calls for OFT review of HIPs

Earlier this week, the OFT announced it will launch a market study into the home buying and selling process. The group, which will begin the study in 2009, plans to talk to businesses, Government and consumer groups. The Law Society says it hopes the OFT review will include an in-depth look at the HIPs process, which it feels has not proved a success. Paul Marsh, president of the Law Society, says: "We hope that the review will examine the HIPs process, which has not proved to be of benefit to consumers. I urge our members to share their opinions and expertise by contributing to this im...