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HIPS Current Position
10 June 2010
What is the Current Position?
HIPs have not been scrapped by the Election result. The law still requires a HIP to be in place to market a property. The penalties for non-compliance still apply. Grant Shapps (the new Housing Minister), has said he will not condone non-compliance by Estate Agents who fail to order HIPs
Grant Shapps has committed to a full industry consultation before scrapping HIPs
The Coalition Agreement refers to scrapping HIPs in the Environment section suggesting more consideration has been given to this topic
Unless a suspension order for the scrapping of HIPs is announced HIPs will remain in place for the foreseeable future. Legislation to adapt or replace them will take some time to pass in Parliament
For more information, please visit
www.communities.gov.uk
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