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13th December 2007 - AHIPP calls for exchange ready HIPs

Home information packs (HIPs) need to be made 'exchange ready' before they can reach their full potential, according to the Association of Home Information Pack Providers (AHIPP).

The trade body said it wanted to work with all the other industries involved in home buying and selling to develop and improve the packs to fully incorporate them into the purchase process. It also called for home condition reports to be restored as a mandatory feature of the pack.

Mike Ockenden, director general of AHIPP, said: "By bringing this information back into the pack and certain documents that are required to complete the legal process, HIPs can be made exchange ready. This means that a buyer who has an offer accepted can pass the pack to his or her lawyer who can rely on the contents and move quickly to exchange of contracts."

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