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Hips rolled out to one and two bedroom homes from December 14

The Government has announced today that Home Information Packs will be extended to one and two bedroom homes from December 14.

HIP Payment Services chief executive Jeff Smith says: “Today’s announcement will be greeted with much enthusiasm and relief from the industry, which has been tirelessly campaigning for HIPs to be fully extended across the whole market, since their extension to three bedroom homes back in September.
 
He adds: “With speculation rife and various inaccuracies about the impact of HIPs on the market being banded around by the Tories and other anti-HIP groups within the industry, it was essential that the Government reaffirmed its commitment to packs and announced this final and vital implementation.
 
“With HIPs fully rolled out across the market they will finally be able to bring about the many benefits they were initially designed to achieve – a faster, more transparent process which will aid a more informed buying decision.”

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