The Royal Institution of Chartered Surveyors has started legal proceedings against the Government over home information packs.
The professional body says it has started judicial review proceedings against the Department for Communities and Local Government for its failure to carry out proper consultation before implementing new legislation to bring in Hips which are set to come into force on June1.
Spicerhaart Group chief executive Paul Smith has also warned the Government, ahead of a House of Commons’ debate on Hips this week, that if it does not relax the legislation, it could spark a housing crash to rival the meltdown of 1991.
He says: “Unless the Government relaxes this legislation it will have a housing crash on its hands on June 1.”
RICS regulatory board chairman Teresa Graham says: “RICS has not made the decision to commence judicial review proceedings lightly. We have exhausted all the alternatives and greatly regret that we were left with no other option if we are to protect the public’s property interests.”
Association of Home Information Pack Providers deputy director general Paul Broadhead says he is disappointed by RICS’ move. “It is probably not the best way to spend their members’ money, considering it is in conflict with what their organisation is about,” he says.
A second debate in the House of Lords is to take place on May 22.