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17 May 2007
Issue: 7273 / Categories: Legal News , Property
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Surveyors and MPs escalate HIPs controversy

An 11th hour wave of opposition to home information packs (HIPs) was taking hold this week as MPs demanded that the controversial initiative be scrapped.

HIPs, which provide potential buyers with information about a house and an energy performance certificate, are due to come into force on 1 June.
Opponents question their benefit to the consumer and say they add between £300 and £500 to the cost of selling a home.

MPs were due to attend a Commons debate calling for the HIPs regulations to be annulled this week following the tabling of a motion by Conservative leader, David Cameron.

Meanwhile, the Royal Institution of Chartered Surveyors (RICS) is bringing judicial review proceedings against the Department for Communities and Local Government for its alleged failure to properly consult before implementing legislation to bring in HIPs. RICS’ concerns include the lack of energy inspectors, regulation, and the impact of the scheme on the housing market.

Teresa Graham, chair of RICS’ regulatory board, says: “We have exhausted all the alternatives and greatly regret that we were left with no other option if we are to

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MOVERS & SHAKERS

Hogan Lovells—Lisa Quelch

Hogan Lovells—Lisa Quelch

Partner hire strengthens global infrastructure and energy financing practice

Sherrards—Jan Kunstyr

Sherrards—Jan Kunstyr

Legal director bolsters international expertise in dispute resolution team

Muckle LLP—Stacey Brown

Muckle LLP—Stacey Brown

Corporate governance and company law specialist joins the team

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HERBERT SMITH STAFF PENSION SCHEME (THE “SCHEME”)

NOTICE TO CREDITORS AND BENEFICIARIES UNDER SECTION 27 OF THE TRUSTEE ACT 1925
Law firm HFW is offering clients lawyers on call for dawn raids, sanctions issues and other regulatory emergencies
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