Suspension of HIPs good news for housing market

20 May 2010

Estate agent Connells welcomes the Government’s recent decision to suspend the requirement for homeowners to provide a Home Information Pack (HIP) when selling their property.

The announcement made by Communities Secretary Eric Pickles and Housing Minister Grant Shapps should have a positive effect on the housing market, as those looking to sell their property will no longer have to worry about the cost and hassle of a HIP when marketing their home.

Chief executive Stuart Flavell says, “This quick decision to suspend HIPs by the new coalition Government is good news. It should encourage more tentative sellers to return to the market and will enable vendors to commence the marketing of their home almost straight away.”

An Energy Performance Certificate is still required by homeowners who sell their property, and if a certificate is not already in place, homeowners must commission one before they can market their home.

If you are thinking about selling your property or would simply like advice on the housing market, contact your local Connells office.

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Further information

For further information and photography, please contact the press office on 01525 215419 or email Julia Brook, Group PR Manager: Julia.brook@connells.co.uk or Christine Webb, Group PR Executive: Christine.webb@connells.co.uk

Notes to editors:

About the Connells Group:
Founded in 1936, the Connells Group, a subsidiary of the Skipton Building Society, comprises 470 estate agency branches and is the second largest wholly owned estate agency network in the UK. In addition to operating under the Connells brand, which comprises around 150 branches, the Group trades under other well-known local names including William H Brown, Sharman Quinney, Fox & Sons and Barnard Marcus.

As well as residential property sales the Group is involved in a comprehensive range of housing related activities including land and new homes, lettings, surveying, mortgages, conveyancing, relocations, asset management and auctions.

The Connells Group has been named Best Large Estate Agency at the Estate Agency of the Year awards for four of the past six years. For more information, please visit www.connells.co.uk
 




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