The number of homes being put on the market has soared by a third since the Government announced plans to scrap Home Information Packs, an estate agency has said. The UK's biggest estate agency Countrywide said it had seen a 34% rise in the number of people selling their home after the announcement.
Estate agents had campaigned against Hips, complaining that the typical £299 to £350 cost of compiling one of the packs was deterring people from putting their home on the market to test the water. There was also little evidence that the packs benefited consumers, with 91% of estate agents saying they thought house hunters paid little or no attention to them.
Bloody right it was a useless idea and we should be entitled to claim our money back.