Home information packs would be scrapped by a Tory Government.
Shadow housing minister Grant Shapps told the Conservative conference in Blackpool this week that Hips were clumsy and ineffective and that ministers had ignored warnings from the industry about the packs.
The Mortgage Practitioner sole practitioner Danny Lovey says the Conservatives are not saying that the industry should go back to stage one but that there are clearly better ways of speeding up the housebuying process than Hips.
Lovey says: “I think the Tories will look to the Law Society’s transaction protocol as a proposition that would work so much better.
“I have every confidence that the Conservatives would work and engage the market in order to find out what would be the best way going forward.”
He says the key thing that needs to be decided is to work out at what stage of the housebuying process the energy performance certificate should be done.