Friday, 10 August 2007

Government Criticised Over Hips

The National Audit Office have criticised the Government's handling of the Home Information Packs Scheme (Hips). A report has revealed that consultants who were hired to assist with the scheme had a financial interest in a recommended firm.

Home Information Packs were introduced in England and Wales on 1 August and are currently said to be costing between £400 and £700 each to produce.

The scheme is currently limited to those selling a property with a minimum of 4 bedrooms, though its expected that the scheme will be rolled out in full shortly.

2 Comments:

At 09 March 2008 12:25 , Anonymous Lorraine said...

Hi Property Phil

I guess like the rest of us, you are too busy with life to post. However I would love to hear your thoughts and comments on the current state of the housing market, and the MPC's lack of rate cut this week.

Seems again none of the big commentators agree (again!)on whether house prices are to remain static throughout 2008/09 or drop by as much as 35%!

 
At 27 October 2008 19:46 , Anonymous Abbra said...

Good post.

 

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