Home Information Packs

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The Royal Institute of Chartered Surveyors is putting pressure on the Government to further delay full rollout of Home Information Packs (HIPS). They claim that the introduction of HIPS has reduced the number of larger homes being marketed as speculative sellers are put off by the cost of the HIP. They also expect the number of smaller homes being marketed when HIPS are fully rolled out to be affected in the same way, which the Institute fears will make it even more difficult for first time buyers to get on the housing ladder. The Association of Home Information Packs providers responded to the allegations ... Read Full Story

The Carsbergy Review, written by the author Sir Bryan Carsberg is recommending a number of reforms for the property buying and selling industry of the residential property sector in England and Wales. The Carsberg Review was commissioned by the Royal Institution of Chartered Surveyors (RICS), the National Association of Estate Agents (NAEA) and the Association of Residential Letting Agents (ARLA). This fact has brought into question the independence of the report and the following findings contained within it. Timeline July 2007 The Carsberg Review is commissioned September 2007 Sir Bryan Carsberg publishes the consultation paper ‘Residential Property: Regulation, Redress and Competition in the 21st ... Read Full Story