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HIPs criticised for not detailing flood risk

Home Information Packs have come under fire for failing to require sellers to admit if their home is a flood risk.

Conservatives have said that the scheme was “utterly untrustworthy and misleading” because new figures showed that one in ten new houses had been built on flood plains.

A parliamentary written answer reveals that 10 per cent of new homes built in 2004 were in flood risk areas, with provisional figures for 2005 showing that 9 per cent were at risk from floodwaters.

A spokesman for the Department for Communities and Local Government has dismissed the comment stating that information on flooding is available for free on the Environment Agency’s website.


Cammidge drops the ball

The Diary would like to congratulate Aegon head of business media Adrian Cammidge for royally embarrassing himself in front of everyone last week.Surrounded by a number of drunken PRs and journalists, the former Money Marketing news editor was explaining why it was in everyone’s best interest that he held the rugby ball the group had […]

BoE stats show increase in total net lending in June

Bank of England statistics show that the increase in total net lending to individuals in June – £10.4bn – was higher than the increase in May and the previous six-month average.The twelve-month growth rate was unchanged from May at 10.2 per cent. The three-month annualised growth rate fell by 0.1 percentage points to 9.2 per […]


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