Saturday 26 April 2008

Government's response to petition

Details of Petition:
"The Home Information Pack, (H.I.P.) when fully implemented, will avoid vast amounts of wasted time, effort, money, and failed transactions in the area of property purchase. The packs will also bring an important focus to the issue of energy conservation, which, given the impact of global warming and carbon emission on the planet, should matter to all of us. The full pack has the support of 'Which?' magazine, which ONLY has the best interests of the consumer at heart. Show your support for the H.I.P, and ignore those with a vested interest in maintaining the current 'status quo'."

Response:

"Home Information Packs (HIPs) have been successfully introduced and now apply to most residential property sales in England and Wales. The provision of up-front information in HIPs is already delivering benefits for consumers. Search costs are falling and buyers are now getting real information about the likely running costs of a future home, helping to cut energy bills and carbon emissions."

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