Rics start judicial review proceedings against DCLG over Hips - National Homebuyers

Released on = May 17, 2007, 1:25 am

Press Release Author = Charlotte Burrows

Industry = Real Estate

Press Release Summary = The Royal Institution of Chartered Surveyors (Rics) has
commenced judicial review proceedings against the department for communities and
local government (DCLG), it has been announced.

Press Release Body = The decision surrounds the perceived lack of \'proper
consultation\' by the DCLG in the lead up to the passing of legislation concerning
home information packs (Hips).

\"Rics has not made the decision to commence Judicial Review proceedings lightly,\"
commented Teresa Graham chairman of Rics\' regulatory board

\"We have exhausted all the alternatives and greatly regret that we were left with no
other option if we are to protect the public\'s property interests.\"

Critics of the scheme such as fast sale property firm National Homebuyers argue that
the introduction of Hips - scheduled for June 1st - will disrupt the housing market.
Director Julian King says: \"The prohibitive price of producing a pack will prevent
homeowners from putting their properties up for sale. We believe that the average
price of a Hip will be in excess of £500.

\"Vendors looking to avoid the financial outlay involved in arranging a Hip are
welcome here. National Homebuyers does not require a Hip in order to purchase a
property. We are finding many, many people confused and misinformed about the packs
and seeking an alternative way of selling their home quickly and hassle-free.\"

National Homebuyers can arrange a fast property sale and is available at
www.nationalhomebuyers.co.uk/index.asp or by calling 0870 979 8118.

Web Site = http://www.nationalhomebuyers.co.uk

Contact Details = Sterling House
20 Victoria Way
Burgess Hill
West Sussex
RH15 9NF
08709798118
Fax: 01444 257333
info@nationalhomebuyers.co.uk

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