The move comes after the Government made an embarassing emergency announcement last month that it will be delaying the launch of Hips until August when the packs will only be used for sales of houses with four bedrooms or more.
Director Stephen Callaghan says: “Regrettably, in light of the Government’s announcement last week on the future of Home Information Packs, Connells Group and LSL Property Services, the joint venture partners of energy-assessors.com, have decided that no further investment in this company is considered appropriate at this uncertain time.
He adds: “However, because of the EU Performance of Buildings Directive requiring all properties to have an EPC, the longer term future for DEAs is still assured. This Directive must be delivered no later than January 2009. The 1,000 energy assessors currently undergoing training will continue to train through sister company property-careers.com.
“Over the coming months we expect property-careers.com to expand into a wider range of property and financial services careers.”